Bitwise CIO Matt Hougan revealed that financial advisors are showing greater interest in stablecoins and tokenization than in Bitcoin. After meeting with over 40 advisors, Hougan noted that despite the bear market, advisors are increasingly focused on these areas due to the fading concern over fiat currency devaluation and the prominence of stablecoins and tokenization in industry discussions. Hougan emphasized that financial advisors, who manage over $175 trillion in assets, could drive the next growth phase in crypto. He suggested that if advisors become a major funding source, investments might initially flow into stablecoins and tokenized assets rather than Bitcoin. Potential beneficiaries include Ethereum, Solana, and crypto firms like Circle and Coinbase.