Bitwise CEO: Wealth Management Firm Will Increase Its Bitcoin ETF Holdings
2024-04-21 09:36:35
Bitwise CEO Hunter Horsley has predicted that wealth managers will increase their holdings of Bitcoin exchange-traded funds (ETFs), a prediction made after the Bitcoin ETF is expected to receive a bigger boost following the halving. He described the adoption of Bitcoin ETFs by registered investment advisors (RIAs) and multi-family offices as "secretive but significant". He noted that major financial entities are cautiously conducting a thorough assessment of the Bitcoin market.
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