DFG CEO Predicts Market Bottom, Optimistic About Bitcoin

James Wo, CEO of DFG, a crypto investment fund with over $1 billion in assets under management, has shared his views on the current state of the market and the future prospects of Bitcoin and Ethereum. According to him, Bitcoin remains the key institutional asset in the crypto market, while Ethereum is unlikely to gain a similar status.

Wo, who first became interested in Bitcoin during the 2014 bear market, has been investing in cryptocurrencies since then. He received $20 million from his mother to start DFG and has since diversified its portfolio, becoming one of the early investors in various ecosystems such as Solana, Polkadot, and Near.

Despite his pessimism about Ethereum's ability to retake its all-time high, Wo remains optimistic about Bitcoin's future prospects. He believes that Bitcoin will outperform both the Chinese and US stock markets and is confident that it will set a new all-time high in 2027 or 2028.