Posted 3/10/2024, 4:55:55 PM
Bitwise's Bitcoin ETF Sees $7.5B Inflows in First Month, Opens Crypto Market to New Investors With Promise of More Flows in 2024
- Bitcoin ETF launch in January 2023 brought in $7.5B assets, opening crypto market to more investors
- Bitwise has seen interest from retail, RIAs, family offices, hedge funds, VCs, asset managers
- Bitwise in talks with wirehouses, consultants, large corps on Bitcoin
- Expect first major inflows from these groups in Q2 2024
- Flows expected to accelerate through 2024 as investors get more comfortable
