Bitwise CEO: Wealth management firm will increase its Bitcoin ETF holdings
Golden Finance reports that Bitwise CEO Hunter Horsley predicts that wealth management companies will increase their holdings of Bitcoin exchange-traded funds (ETFs). This prediction comes as Bitcoin ETFs are expected to receive a greater boost after the halving. . He described the adoption of Bitcoin ETFs by registered investment advisers (RIAs) and multi-family offices as “secret but significant.” He noted that major financial entities are cautiously conducting a thorough assessment of the Bitcoin market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 18,600 SOL withdrawn from a certain exchange, valued at approximately $2.3868 million