$100,000,000,000,000 Investor Class Starting To Move Into Bitcoin and Crypto, Says Bitwise CIO Matt
Bitwise CIO Matt Hougan says a cohort of investors holding $100 trillion in wealth is in the early stages of getting Bitcoin (BTC) and crypto exposure.
In a weekly memo to investment professionals, the executive of a Bitcoin spot market exchange-traded fund (ETF) issuer says BTC is in the midst of a “raging” bull market.
According to Hougan, deep-pocketed investment professionals now have access to Bitcoin and crypto following the launch of spot BTC ETFs in January.
“These investors control tens of trillions of dollars – globally, the best estimate is over $100 trillion – and they are just starting to move into crypto. This is a process that will take years, not months.”
Hougan says the Bitcoin ETFs are collectively the “most successful ETF launch of all time” after witnessing inflows of $12 billion in just three months.
But the Bitwise executive says that the $12 billion of inflows are just a drop in the bucket compared to what’s coming.
“But imagine global wealth managers allocate just 1% of their portfolios to Bitcoin on average. It’s not crazy: while past performance is no guarantee of future results, a 2.5% allocation to Bitcoin has enhanced a traditional 60/40 portfolio’s risk-adjusted returns in every three-year period in Bitcoin’s history.
A 1% allocation across the board would mean ~$1 trillion of inflows into the space. Against this, $12 billion is barely a down payment.
1% down, 99% to go.”
Bitcoin is trading at $69,367, down 2% in the last 24 hours.
Bitwise CIO Matt Hougan says a cohort of investors holding $100 trillion in wealth is in the early stages of getting Bitcoin (BTC) and crypto exposure.
In a weekly memo to investment professionals, the executive of a Bitcoin spot market exchange-traded fund (ETF) issuer says BTC is in the midst of a “raging” bull market.
According to Hougan, deep-pocketed investment professionals now have access to Bitcoin and crypto following the launch of spot BTC ETFs in January.
“These investors control tens of trillions of dollars – globally, the best estimate is over $100 trillion – and they are just starting to move into crypto. This is a process that will take years, not months.”
Hougan says the Bitcoin ETFs are collectively the “most successful ETF launch of all time” after witnessing inflows of $12 billion in just three months.
But the Bitwise executive says that the $12 billion of inflows are just a drop in the bucket compared to what’s coming.
“But imagine global wealth managers allocate just 1% of their portfolios to Bitcoin on average. It’s not crazy: while past performance is no guarantee of future results, a 2.5% allocation to Bitcoin has enhanced a traditional 60/40 portfolio’s risk-adjusted returns in every three-year period in Bitcoin’s history.
A 1% allocation across the board would mean ~$1 trillion of inflows into the space. Against this, $12 billion is barely a down payment.
1% down, 99% to go.”
Bitcoin is trading at $69,367, down 2% in the last 24 hours.
Bitwise CIO Matt Hougan says a cohort of investors holding $100 trillion in wealth is in the early stages of getting Bitcoin (BTC) and crypto exposure.
In a weekly memo to investment professionals, the executive of a Bitcoin spot market exchange-traded fund (ETF) issuer says BTC is in the midst of a “raging” bull market.
According to Hougan, deep-pocketed investment professionals now have access to Bitcoin and crypto following the launch of spot BTC ETFs in January.
“These investors control tens of trillions of dollars – globally, the best estimate is over $100 trillion – and they are just starting to move into crypto. This is a process that will take years, not months.”
Hougan says the Bitcoin ETFs are collectively the “most successful ETF launch of all time” after witnessing inflows of $12 billion in just three months.
But the Bitwise executive says that the $12 billion of inflows are just a drop in the bucket compared to what’s coming.
“But imagine global wealth managers allocate just 1% of their portfolios to Bitcoin on average. It’s not crazy: while past performance is no guarantee of future results, a 2.5% allocation to Bitcoin has enhanced a traditional 60/40 portfolio’s risk-adjusted returns in every three-year period in Bitcoin’s history.
A 1% allocation across the board would mean ~$1 trillion of inflows into the space. Against this, $12 billion is barely a down payment.
1% down, 99% to go.”
Bitcoin is trading at $69,367, down 2% in the last 24 hours.
Bitwise CIO Matt Hougan says a cohort of investors holding $100 trillion in wealth is in the early stages of getting Bitcoin (BTC) and crypto exposure.
In a weekly memo to investment professionals, the executive of a Bitcoin spot market exchange-traded fund (ETF) issuer says BTC is in the midst of a “raging” bull market.
According to Hougan, deep-pocketed investment professionals now have access to Bitcoin and crypto following the launch of spot BTC ETFs in January.
“These investors control tens of trillions of dollars – globally, the best estimate is over $100 trillion – and they are just starting to move into crypto. This is a process that will take years, not months.”
Hougan says the Bitcoin ETFs are collectively the “most successful ETF launch of all time” after witnessing inflows of $12 billion in just three months.
But the Bitwise executive says that the $12 billion of inflows are just a drop in the bucket compared to what’s coming.
“But imagine global wealth managers allocate just 1% of their portfolios to Bitcoin on average. It’s not crazy: while past performance is no guarantee of future results, a 2.5% allocation to Bitcoin has enhanced a traditional 60/40 portfolio’s risk-adjusted returns in every three-year period in Bitcoin’s history.
A 1% allocation across the board would mean ~$1 trillion of inflows into the space. Against this, $12 billion is barely a down payment.
1% down, 99% to go.”
Bitcoin is trading at $69,367, down 2% in the last 24 hours.
Bitwise CIO Matt Hougan says a cohort of investors holding $100 trillion in wealth is in the early stages of getting Bitcoin (BTC) and crypto exposure.
In a weekly memo to investment professionals, the executive of a Bitcoin spot market exchange-traded fund (ETF) issuer says BTC is in the midst of a “raging” bull market.
According to Hougan, deep-pocketed investment professionals now have access to Bitcoin and crypto following the launch of spot BTC ETFs in January.
“These investors control tens of trillions of dollars – globally, the best estimate is over $100 trillion – and they are just starting to move into crypto. This is a process that will take years, not months.”
Hougan says the Bitcoin ETFs are collectively the “most successful ETF launch of all time” after witnessing inflows of $12 billion in just three months.
But the Bitwise executive says that the $12 billion of inflows are just a drop in the bucket compared to what’s coming.
“But imagine global wealth managers allocate just 1% of their portfolios to Bitcoin on average. It’s not crazy: while past performance is no guarantee of future results, a 2.5% allocation to Bitcoin has enhanced a traditional 60/40 portfolio’s risk-adjusted returns in every three-year period in Bitcoin’s history.
A 1% allocation across the board would mean ~$1 trillion of inflows into the space. Against this, $12 billion is barely a down payment.
1% down, 99% to go.”
Bitcoin is trading at $69,367, down 2% in the last 24 hours.
Bitwise CIO Matt Hougan says a cohort of investors holding $100 trillion in wealth is in the early stages of getting Bitcoin (BTC) and crypto exposure.
In a weekly memo to investment professionals, the executive of a Bitcoin spot market exchange-traded fund (ETF) issuer says BTC is in the midst of a “raging” bull market.
According to Hougan, deep-pocketed investment professionals now have access to Bitcoin and crypto following the launch of spot BTC ETFs in January.
“These investors control tens of trillions of dollars – globally, the best estimate is over $100 trillion – and they are just starting to move into crypto. This is a process that will take years, not months.”
Hougan says the Bitcoin ETFs are collectively the “most successful ETF launch of all time” after witnessing inflows of $12 billion in just three months.
But the Bitwise executive says that the $12 billion of inflows are just a drop in the bucket compared to what’s coming.
“But imagine global wealth managers allocate just 1% of their portfolios to Bitcoin on average. It’s not crazy: while past performance is no guarantee of future results, a 2.5% allocation to Bitcoin has enhanced a traditional 60/40 portfolio’s risk-adjusted returns in every three-year period in Bitcoin’s history.
A 1% allocation across the board would mean ~$1 trillion of inflows into the space. Against this, $12 billion is barely a down payment.
1% down, 99% to go.”
Bitcoin is trading at $69,367, down 2% in the last 24 hours.