In a recent weekly memo to investors, Bitwise CIO Matt Hougan shared insights into the burgeoning interest from institutional investors in January-approved spot Bitcoin Exchange-Traded Funds (ETFs). According to Hougan, institutions representing trillions of dollars in assets are expected to enter the Bitcoin market through these ETFs by the second quarter of the year.

Major Groups Contributing to the Massive Inflows

Hougan highlighted that the introduction of Bitcoin ETFs was initially perceived as a bridge for professional investors to enter the Bitcoin market. He noted that the past seven weeks have emphatically confirmed this perception, showcasing widespread participation from various…

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