**Breaking News:** 📈💼 Bitwise CIO Foresees Growth for Bitcoin Spot ETF #CryptoETF - Matt Hougan, CIO of Bitwise, predicts that when a Bitcoin spot ETF is launched, it could reach $5 billion within the first year and accumulate to $50 billion over five years, potentially accounting for about 1% of the entire ETF market. Considering the U.S. ETF market is $7 trillion, this influx could amount to $50 billion. Hougan points out that Grayscale's GBTC already represents $20 billion, indicating room for substantial growth. 🚀📊 #BitcoinETF