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Bitcoin ETFs: Retail, Hedge Funds, and Analysts Drive Buying Frenzy

1 min read
Source: CoinDesk
Bitcoin ETFs: Retail, Hedge Funds, and Analysts Drive Buying Frenzy
Photo: CoinDesk
TL;DR

Bitwise's chief investment officer anticipates increased demand for spot bitcoin ETFs as larger U.S. wirehouses prepare to join in, with current demand driven by retail investors, hedge funds, and independent financial advisors. The ten spot bitcoin ETFs have seen record-breaking trading volume and inflows, with BlackRock's iShares Bitcoin ETF leading in assets under management, followed by Fidelity's FBTC, ARK/21Shares' ARKB, and Bitwise's BITB. Expecting consolidation, Hougan foresees six to eight of the ETFs surviving long term.

Topics:businesscryptocurrency-investment#bitcoin#bitwise#cryptocurrency-investment#etfs#hedge-funds#retail-investors
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  1. Bitcoin ETF Buying Led by Retail, Hedge Funds, FAs; Larger Players Still to Come: Bitwise CIO  CoinDesk
  2. Bitcoin Bulls Target $69K Lifetime Highs Ahead of Halving  CoinDesk
  3. Who Is Buying Up Bitcoin ETFs? Analysts Debate  Decrypt
  4. Analyst Raises Bitcoin's 2025 Target to $200K  Yahoo Finance
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