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.
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Data: A total of 2.1274 million TON were transferred into TON, valued at approximately $4.4 million.
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