Institutional Titans Poised to Boost Spot Bitcoin ETFs in Q2

March 9, 2024
Institutional Titans Poised to Boost Spot Bitcoin ETFs in Q2
  • Bitwise anticipates major institutions will begin investing in spot Bitcoin ETFs starting in the second quarter.

  • Discussions are underway between Bitwise and financial and corporate entities with trillions in assets, including wirehouses, institutional consultants, and large corporations.

  • The company expects initial substantial investment flows into Bitcoin to occur in the second quarter, with an acceleration expected as the year progresses.

  • Spot Bitcoin ETFs have already seen $8.9 billion in net inflows, drawing interest from a diverse investor base such as retail investors, hedge funds, asset managers, RIAs, family offices, and venture capital funds.

  • The growing interest in Bitcoin ETFs indicates a major shift, providing professional investors a regulated and familiar way to engage with cryptocurrency investments.

Summary based on 1 source


Get a daily email with more Crypto stories

More Stories