Bitwise CIO: Spot Bitcoin ETF allocation for professional investors will rise to 1-5%
Golden Finance reports that Bitwise chief investment officer Matt Hougan said that the Bitcoin ETF allocation disclosed in the recent 13F filing with the SEC is just a "down payment" and he expects the spot Bitcoin ETF allocation ratio in industry investors' portfolios to rise to 1-5%, as most professional investors take 6 to 12 months to evaluate cryptocurrencies, following a pattern of due diligence, individual allocation, isolated client allocation, and full platform allocation phases.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Suspected XPL insider whale goes long on BTC after two months, holding over $31.4 million in positions
Matrixport: Leveraged Positions in Bitcoin and Ethereum Are Being Rapidly Liquidated
Data: The current Crypto Fear and Greed Index is 15, indicating an extreme fear state.
Sentient will soon open airdrop eligibility checking