Bitwise CEO Discloses Huge Bitcoin ETF Buying By Large Bank In US. Bitwise CEO Hunter Horsley reveal that hundreds of wealth management branches of a large US bank invested in Bitwise ETF including Bitcoin ETF. https://yakihonne.s3.ap-east-1.amazonaws.com/6789a15735d4ac7cb13396ac59a0bdc813680111b9df4a7ff2497a364c869fb9/files/1717498521704-YAKIHONNES3.jpg
Bitwise Invest CEO Hunter Horsley reveals that a large bank in the U.S. is heavily investing in Bitwise spot Bitcoin ETF and other crypto ETFs. Spot Bitcoin ETFs are witnessing mainstream adoption and experts believe sovereign wealth funds, pension funds, and endowments will eventually accumulate later as they have a long due diligence timeline. Jane Street Group and Boothbay Fund Management have the largest holding in Bitwise ETF (BITB)
Hunter Horsley, there has been significant interest from large banks in the United States regarding Bitcoin exchange-traded funds (ETFs) . This indicates a growing trend of traditional financial institutions recognizing the need to adapt to the increasing mainstream traction of cryptocurrencies.