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Bitwise CEO Highlights Growing Interest in Bitcoin ETFs, Survey Shows Rising Demand for Crypto
The post Bitwise CEO Highlights Growing Interest in Bitcoin ETFs, Survey Shows Rising Demand for Crypto appeared on BitcoinEthereumNews.com. In a latest development, Hunter Horsley, the CEO of Bitwise has expressed enthusiasm in an X post about the increasing interest in the company’s spot Bitcoin ETF. Notably, Bitwise’s latest research shows that 24 out of 25 financial advisors received client inquiries about cryptocurrency over the past year, indicating a growing demand for crypto investments. Hunter Horsley shared on X that an unnamed wealth management firm in California, U.S., has onboarded 63 clients to BITB, Bitwise’s spot Bitcoin ETF. This accomplishment was registered in less than one year, Bitwise CEO Hunter Horsley shared with his 50,000 followers on X. A $300M wealth firm in California emailed today saying they invested 63 clients in Bitcoin via our ETF. Makes me so happy. Wealth managers will help millions of investors participate in the opportunity of this space. It’s a privilege to support them. — Hunter Horsley (@HHorsley) January 4, 2025 In total, the client operates $300 million in assets under management (AUM). Horsley adds that he is happy about this achievement and noted that wealth managers will help millions of investors participate in the opportunity of this space. “It’s a privilege to support them.” he added. Notably, he also expects millions of investors to join spot Bitcoin ETFs. Currently, BITB, the spot Bitcoin ETF by Bitwise, is sitting at $4.08 billion AUM. Bitwise spot Bitcoin ETF is responsible for 3.65% of the aggregated AUM of the BTC ETFs segment. It is also the fastest-growing ETF, with a 2.14% weekly increase in Bitcoin reserves. Bitwise’s annual survey reveals that 96% of U.S. clients are interested in crypto. As of January 11, 2024, Bitcoin spot ETFs have gathered over $112 billion in assets under management, making them the largest collective Bitcoin reserve ever. The IShares Bitcoin Trust ETF (IBIT) ranks as the eighth largest…
The post Bitwise CEO Highlights Growing Interest in Bitcoin ETFs, Survey Shows Rising Demand for Crypto appeared on BitcoinEthereumNews.com.
In a latest development, Hunter Horsley, the CEO of Bitwise has expressed enthusiasm in an X post about the increasing interest in the company’s spot Bitcoin ETF. Notably, Bitwise’s latest research shows that 24 out of 25 financial advisors received client inquiries about cryptocurrency over the past year, indicating a growing demand for crypto investments. Hunter Horsley shared on X that an unnamed wealth management firm in California, U.S., has onboarded 63 clients to BITB, Bitwise’s spot Bitcoin ETF. This accomplishment was registered in less than one year, Bitwise CEO Hunter Horsley shared with his 50,000 followers on X. A $300M wealth firm in California emailed today saying they invested 63 clients in Bitcoin via our ETF. Makes me so happy. Wealth managers will help millions of investors participate in the opportunity of this space. It’s a privilege to support them. — Hunter Horsley (@HHorsley) January 4, 2025 In total, the client operates $300 million in assets under management (AUM). Horsley adds that he is happy about this achievement and noted that wealth managers will help millions of investors participate in the opportunity of this space. “It’s a privilege to support them.” he added. Notably, he also expects millions of investors to join spot Bitcoin ETFs. Currently, BITB, the spot Bitcoin ETF by Bitwise, is sitting at $4.08 billion AUM. Bitwise spot Bitcoin ETF is responsible for 3.65% of the aggregated AUM of the BTC ETFs segment. It is also the fastest-growing ETF, with a 2.14% weekly increase in Bitcoin reserves. Bitwise’s annual survey reveals that 96% of U.S. clients are interested in crypto. As of January 11, 2024, Bitcoin spot ETFs have gathered over $112 billion in assets under management, making them the largest collective Bitcoin reserve ever. The IShares Bitcoin Trust ETF (IBIT) ranks as the eighth largest…
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