Bitwise CEO Hunter Horsley predicts wealth management firms will boost their Bitcoin ETF holdings, aligning with market sentiment of growing ETF demand. Meanwhile, BlackRock's iShares Bitcoin Trust (IBIT) is closing in on Grayscale’s Bitcoin Trust (GBTC), with just $2 billion separating them. GBTC has seen a value decline over 68 days, losing nearly $16 billion, while IBIT has grown to $17.3 billion in total assets. Grayscale’s spot Bitcoin ETF has seen significant outflows, with $1.6 billion leaving since January. Fidelity and BlackRock Bitcoin ETFs have seen net inflows, easing market liquidity issues.