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Bitwise's CIO, Matt Hougan, wrote a long article evaluating the great interest in Bitcoin ETFs. Hougan stated that interest in Bitcoin ETFs will continue in the long term and that managers of large companies expect mid-2025.
Hougan stated that there is great variation in the pace of adoption of ETFs, with some advisors allocating 3% for the funds, while others do not yet have an opinion on the subject. He also said many major groups are looking ahead to mid-2025. Hougan expressed his belief that this interest will be long-term.
Comparing with gold ETFs, Hougan predicted that there were large inflows into gold ETFs in the first 7 years, but that this period would be shorter in Bitcoin. However, he stated that interest in Bitcoin will continue for years and will be met with great interest.
Talking about the Blockworks event in England, Hougan said that the interest in England is less than in the USA, but the interest will increase in the coming years. He stated that billions of dollars have flowed into ETFs in the USA, but the situation in the UK is not yet at this level.
Finally, Hougan stated that he has spoken to many institutional and professional investors since 2018 and stated that in previous years, investors considered investing 1% of their portfolios in Bitcoin, but now this rate has increased to 3%.
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So who will benefit?
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I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
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WHEN WILL THE AWARD COME?
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BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
