Bitcoin will intersect with all global financial investments
This is what Matt Hogan, head of IT at Bitwise Fund, said, and he also said that institutions “representing trillions of dollars in assets” are expected to start investing in Bitcoin investment funds by the second quarter of this year.
Hogan revealed in a weekly note sent to investors in the fund that institutional interests have begun to intersect with Bitcoin and that fund managers have entered into...
“Serious due diligence discussions”
With a large group of financial entities and major companies interested in exposure to Bitcoin, including hedge funds, pension funds, and giant investment entities.
According to Hogan, these entities will start pumping money into Bitcoin in the second quarter. He added that flows are expected to "accelerate throughout the year."