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Bitwise CIO Matt Hougan Discusses Bitcoin ETF Demand

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Bitwise,CIO,Matt Hougan

Bitwise CIO Matt Hougan is spreading the word about his company’s Bitcoin spot ETF to potential investors, and has discovered how the digital currency is being perceived by finance pros. Since launching on January 11, Bitcoin ETFs have experienced net inflows exceeding $11 billion, including a $1 billion inflow on Tuesday alone. Many of Hougan’s discussions have been with family offices and financial advisors, who are some of the primary drivers behind ETF demand. Major wirehouses and platforms are still plugging in to the new products and will finish the due diligence process within the next few months.

Bitwise CIO Matt Hougan is spreading the word about his company’s Bitcoin spot ETF to potential investors, and has discovered how the digital currency is being perceived by finance pros. Since launching on January 11, Bitcoin ETFs have experienced net inflows exceeding $11 billion, including a $1 billion inflow on Tuesday alone. Many of Hougan’s discussions have been with family offices and financial advisors, who are some of the primary drivers behind ETF demand.

Major wirehouses and platforms are still plugging in to the new products and will finish the due diligence process within the next few months

 

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