Bitwise: Q4 Will See Record Inflows into Bitcoin ETF

Jinse Finance reported that on October 7, the Chief Investment Officer of Bitwise stated that various favorable factors have converged, and Q4 will see record-breaking capital inflows into bitcoin ETFs, strong enough to push BTC prices to new all-time highs. There are three reasons: 1. The crypto industry has won over major wealth management platforms, with platforms such as Morgan Stanley and Wells Fargo, which manage massive assets, now allowing advisors to allocate crypto on behalf of clients; 2. "Devaluation trades" are a hot trend on Wall Street this year, and the government is indeed devaluing the currency; 3. There is optimism about bitcoin returns in Q4, and higher prices will stimulate even greater demand for bitcoin ETFs.