According to Odaily, Matt Hougan, the Chief Investment Officer at Bitwise, has shared his predictions regarding Bitcoin ETF allocations. He stated that the recent Bitcoin ETF allocations disclosed in the 13F filings submitted to the SEC are just the 'down payment'. Hougan anticipates that the proportion of spot Bitcoin ETF allocations in investors' portfolios will rise to 1-5%.
This is because most professional investors require a period of 6 to 12 months to evaluate cryptocurrencies. They follow a pattern of due diligence, personal allocation, isolating client allocation, and full platform allocation. Hougan's comments highlight the growing interest in Bitcoin and other cryptocurrencies among professional investors.
However, it's important to note that these predictions are based on current trends and the actual outcomes may vary depending on various factors, including market conditions and regulatory developments. As such, investors are advised to conduct their own research and consult with a financial advisor before making any investment decisions.