Cointime

Download App
iOS & Android

Bitwise CEO Predicts $50 Billion Inflow to Spot Bitcoin ETF Within First Five Years

According to Bitwise CEO Matt Hougan, a spot Bitcoin ETF could attract $5 billion in the first year and up to $50 billion in the first five years. Hougan believes that a spot BTC ETF will increase demand for Bitcoin, but the impact on the value of Bitcoin is unclear.
However, he sees the combination of net new demand and decreasing supply due to the halving as an exciting opportunity for investors.

Comments

All Comments

Recommended for you