Spot Bitcoin ETFs Will See $150B Inflows By End Of 2025, Says Investment Professional: 'Remarkable' Demand
Portfolio Pulse from Khyathi Dalal
Ric Edelman predicts $150 billion inflows into spot Bitcoin ETFs by 2025, driven by independent advisors' desire to add Bitcoin to their portfolios. This demand, coupled with Bitcoin's fixed supply, could push its price to $150,000. Matt Hougan of Bitwise Asset Management highlights the attractiveness of the ETF landscape for crypto, noting the potential of the financial advisor market. Bitwise's Bitcoin ETF (BITB) and 10 Crypto Index Units (BITW) are mentioned as benefiting from this trend.
February 15, 2024 | 11:36 pm
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POSITIVE IMPACT
Bitwise's Bitcoin ETF (BITB) is seeing increased interest from investment advisors and family offices, benefiting from lower fees compared to gold ETFs.
The increased interest in BITB from investment advisors and family offices, as well as its competitive fee structure, suggest a positive short-term impact on its price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Bitwise 10 Crypto Index Units (BITW) offers diversified exposure to Bitcoin and leading cryptocurrencies, appealing to investors seeking broad market access.
BITW's appeal as a diversified crypto investment option, especially in the context of growing interest in Bitcoin ETFs, suggests a positive short-term outlook.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80