Bitwise Chief Investment Officer: Bitcoin ETF may attract institutions to invest $1 trillion in funds
2024-03-29 08:24:07
Matthew Hougan, Chief Investment Officer of Bitwise, said that as institutional investors gradually enter the cryptocurrency market, they may inject up to $1 trillion in funds into Bitcoin through ETFs. At present, the field must wait for the investment committee and advisors to conduct formal due diligence on Bitcoin, which is a necessary step they must take before investing in assets. The executive also stated that investment professionals who control trillions of dollars are just beginning to enter the cryptocurrency field, and it will take "several years, not several months" for more professional investors to join.
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