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Bitcoin ETFs Another Milestone Indicated by Bitwise CEO
In a shocking revelation, Bitwise, a leading digital asset investment firm, has reported the highest-ever level of survey responses from financial advisors in its 7-year history. According to the report, an astonishing 96% of respondents confirmed that their clients asked about the opportunities unlocked by the crypto sphere at least once in 2024.
As the chief executive officer of Bitwise, Hunter Hulley, stated, “That’s the highest-ever reading from advisors in our survey over the past seven years.” This remarkable increase is a testament to the growing demand for cryptocurrency and its increasing mainstream adoption.
The fact that such a high percentage of financial advisors are now advising their clients on crypto-related matters has significant implications for the industry. It suggests that institutional investors, family offices, and even pension funds may soon be joining the party as well, further driving growth and legitimacy to the space.
It’s worth noting that this data comes amidst rumors of potential Bitcoin ETFs (Exchange-Traded Funds) entering the market.
Source: u.today
