Bitwise CIO Matthew Hougan Forecasts $1 Trillion Inflows from Institutional Investors into Bitcoin
Bitwise's Chief Investment Officer, Matthew Hougan, predicts that institutional investors could inject up to $1 trillion into Bitcoin through exchange-traded funds (ETFs). He believes Bitcoin is in a strong bull market, with a 1% allocation potentially bringing about $1 trillion in inflows.
Sources
Bitcoin.com News
#Bitwise Sees 'Raging' #Bitcoin Bull Market — Expects April #Halving to Be 'the Most Impactful We've Seen'' https://t.co/kmwFPkQhYL
Bitcoin News Bitcoin to See $1T Inflows Amid Bull Market: Bitwise Executive "We believe bitcoin is in a raging bull market. Not only is it up nearly 300% in the past 15 months, but there are strong reasons to think that will continue,” said Hougan. https://t.co/yKy6jVfxNy
- Bitcoin News
NEW: "We believe #Bitcoin is in a raging bull market. It's up nearly 300% in the past 15 months, with strong reasons to think that will continue. A 1% allocation across the board would mean 💵 ~$1T of inflows, making $12B just a down payment,” says Bitwise CIO Matthew Hougan. https://t.co/809coseIPT
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