TechFlow, October 8 — Bitwise's latest report forecasts that inflows into U.S. spot Bitcoin ETFs will set a record in the fourth quarter of this year, surpassing the total $36 billion inflow seen in 2024. Matt Hougan, Chief Investment Officer at Bitwise, said Bitcoin ETFs will benefit from three catalysts: adoption by wealth management firms, Bitcoin’s recent price surge, and the effectiveness of "devaluation trades." He expects many Wall Street investment advisory firms to add both gold and Bitcoin to client portfolios to capture stronger-performing assets.
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