Bitcoin ETFs See Unprecedented Institutional Adoption
In a recent post on X, Matt Hogan, chief investment officer at Bitwise, noted that Bitcoin ETFs are rapidly gaining acceptance among institutional investors, calling them the fastest-growing ETFs in history.
Hogan added that the funds have amassed $17.5 billion in net inflows since their launch in January, putting them on the cusp of breaking records for ETFs.
Hogan stated that the funds are on pace to break the previous record set by the Nasdaq-100 stock QQQ, which raised $5 billion in its first year.
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