Svmuu News: Bitwise CIO Matt Hougan noted in his latest client memo that there is a significant gap between investors’ perceptions of cryptocurrency and the actual activities of financial institutions. He believes that due to anchoring bias, many investors remain stuck in outdated mindsets and fail to recognize that financial markets are accelerating their transition toward on-chain infrastructure. Hougan cited tokenization projects by institutions such as BlackRock, Apollo, and JPMorgan, emphasizing that while traditional financial markets are massive (with ETFs at approximately $30 trillion and stocks at approximately $110 trillion), tokenized assets currently amount to only about $20 billion, indicating enormous growth potential. He noted that this disconnect between perception and actual development may create opportunities for forward-thinking investors. (The Block)