Bitwise CEO: Large Firms Like Meta May Buy Spot Bitcoin ETFs Next Year
Bitwise CEO Hunter Horsley discusses how institutional and regulatory acceptance of Bitcoin as an investable asset is moving faster behind the scenes than most people realize, and predicts that by next year, large tech firms like Meta could be adding Bitcoin to their balance sheets as ETFs make the asset easier to hold. He claims that the next catalyst for the Bitcoin bull market will be the public's realization of the level of support for Bitcoin from "some of the most important and smartest organizations and lawmakers."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: UBS predicts the S&P 500 index will reach a target level of 7,500 points by the end of 2026.
Hong Kong launches the third batch of multi-currency digital green bonds using HSBC's distributed ledger platform
CoinShares: Digital asset investment products saw net outflows of approximately $1.17 billion last week