TechFlow news — Bitwise published on X its chief information officer's weekly memo for investment professionals, noting that a growing number of retail investors, family offices, hedge funds, and venture capital firms are seeking to increase their allocations to spot Bitcoin ETFs.
Based on current trends, it expects the second quarter of 2024 to see the first major inflows from three groups—major telecommunications companies, institutional advisors, and large corporations—that collectively represent trillions of dollars in assets. It further believes these inflows will accelerate throughout the year as these investors grow satisfied with the new products.
Add to Favorites
Share to Social Media
