Wealth Managers Set to Flood Crypto with Billions!
Hunter Horsley, CEO of Bitwise, reveals a seismic shift in the investment landscape. Wealth managers are poised to unleash hundreds of billions into crypto for their clients, tapping into the colossal $30 trillion pool of capital they manage. This isn't just a fleeting trend; it's a monumental awakening of slow-moving capital that’s finally recognizing the potential of digital assets.
For years, legal and compliance barriers held back advisors from allocating client funds into crypto. But with the launch of Bitcoin ETFs in early 2024, the floodgates are beginning to open. Even a modest 0.5% allocation could lead to an influx of hundreds of billions into the market.
This gradual embrace of crypto by wealth managers is not just normal; it’s essential for the market's health. The future of crypto investment is bright, and the time to act is now.
