Bitwise Chief Investment Officer: The massive growth of Bitcoin ETFs will "last for years," with more investors willing to increase their Bitcoin allocation from 1% to over 3%

2024-03-28 09:55:29
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ChainCatcher news, Bitwise Chief Investment Officer Matt Hougan stated on his social media: The surge in inflows for Bitcoin ETFs over the past two months is not a "one-time" event; demand will continue in the long term. Additionally, more financial advisors have indicated that they have allocated 3% of Bitcoin ETF assets for an increasing number of clients. Currently, most professional investors still cannot purchase Bitcoin ETFs. This situation will change over the next two years through a series of processes. In the first 7 years after the launch of gold ETFs, funds flowed in year after year, and the growth of Bitcoin ETFs will continue for several years.

Moreover, over the past 6 years, due to high risk, most professional investors have set their Bitcoin investment allocation at 1%, while the recent launch of ETFs has reduced the downside risk of Bitcoin, and almost all investors who have spoken with him have mentioned allocations of over 3%.

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