Recently, a speech titled "Project Crypto" by the chairman of the SEC has garnered widespread attention in the industry. The Chief Investment Officer (CIO) of Bitwise provided an in-depth interpretation, pointing out that the speech unveiled three major potential investment opportunities in the Crypto Assets market.

First, Ethereum and other Layer 1 blockchain technologies are regarded as important investment directions. These underlying infrastructures provide critical support for the entire Crypto Assets ecosystem, and their development potential cannot be overlooked.

Secondly, comprehensive platforms like Coinbase are considered to have the potential to become "super apps". These platforms integrate various Crypto Assets-related services and are expected to make breakthroughs in user experience and functional diversity.

Thirdly, decentralized finance (DeFi) protocols are also listed as an investment area worth following. DeFi is reshaping traditional financial services, providing users with more open and transparent financial solutions.

It is worth noting that Bitwise's CIO also emphasized that the current market pricing does not seem to fully reflect the value of these potential opportunities. This viewpoint suggests that there may be a better entry point for forward-looking investors.

However, investors should also be aware that the inherent high volatility and regulatory uncertainty of the Crypto Assets market remain significant risk factors that cannot be ignored. When making investment decisions, it is necessary to comprehensively consider market dynamics, technological development trends, and changes in the regulatory environment.

As the encryption industry continues to evolve, the attitudes and policy directions of regulatory agencies such as the SEC will continue to influence the market landscape. Investors and industry participants need to remain vigilant and adjust their strategies in a timely manner to adapt to this rapidly changing field.