Solana vs Ethereum ETFs, Facebook’s influence on Bitwise: Hunter Horsley
Bitwise’s Hunter Horsley was stung by criticism from Ethereum Maxis about the firm’s support of Solana, as ETH helped inspire Bitwise in 2016
In the lead-up to this weeks surprise listing of its Solana Staking ETF on the New York Stock Exchange, Bitwise CEO Hunter Horsley caused a stir by telling Cointelegraph that Solanas shorter validator exit queue gave it the edge over Ethereum in the staking ETF race.
Bitwise chief investment officer Matt Houghan went much further on a podcast, praising Solanas speed, throughput and finality as extraordinarily attractive. He labelled it the new Wall Street.
The glowing endorsements were controversial among Ethereum fans, some of who seemed to believe Bitwise was betraying ETHs cypherpunk values by championing other projects.
Horsley was stung by the criticisms, not least because Ethereum was part of the inspiration for creating Bitwise in the first place.
He replied he felt terrible to see these posts. We care a lot about Ethereum. Feedback received re recent commentary seeming to be at odds with values in the ETH community. Its being taken to heart.