Bitwise Chief Investment Officer: Still expects Bitcoin Spot ETF to attract record inflows in Q4.

On October 8, cryptocurrency asset management firm Bitwise predicted that the U.S. Bitcoin Spot ETF will attract record inflows in the fourth quarter, with the total for the year expected to surpass that of 2024. Earlier this year, Bitwise Chief Investment Officer Matt Hougan predicted that Bitcoin ETF inflows in 2025 would exceed the $36 billion raised in its inaugural year. So far, actual inflows are around $22.5 billion, and at this pace, it will reach $30 billion by the end of the year—slightly below the first-year performance. However, in a memo to clients on Tuesday, Hougan stated that he is not worried and expects a strong fourth quarter to drive inflows to a historic high, with three major factors influencing this event: the release by wealth management institutions, the big pump in Bitcoin prices, and the narrative of "Hedging against currency devaluation."

BTC-1.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)