Matt Hougan, chief investment officer at Bitwise Asset Management, on Tuesday emphasized the monumental yet underappreciated impact of a potential spot Bitcoin (CRYPTO: BTC) ETF on the market. He asserted that the market has not fully grasped the magnitude of this development, akin to the transformative journey of gold ETFs. Hougan was speaking atBenzinga’s Future of Digital Assets event in New York City, along with Brooke Stoddard, vice president of Client Team at Grayscale Investments, Ryan Louvar, chief legal officer and head of Business and Legal Affairs, Digital Assets at WisdomTree and T…