Bitwise, a U.S. asset management firm, has seen growing interest in its spot Bitcoin ETF, with 63 clients from a wealth management firm in California investing in the product. The CEO of Bitwise, Hunter Horsley, expressed enthusiasm for the increasing interest and sees the opportunity to bring traditional finance investors into Bitcoin-based products as a privilege. The Bitwise spot Bitcoin ETF currently has $4.08 billion in assets under management and is the fifth largest product of its kind. Additionally, Bitwise conducted a survey that revealed 96% of advisors received inquiries from their clients about cryptocurrency in 2024, the highest level in the seven years of conducting the survey.
- Content Editor ( u.today )
- 2025-01-04
Bitcoin ETFs Another Milestone Indicated by Bitwise CEO