BREAKING
258d 3h ago

Bitcoin Could See Hundreds of Billions in New Investment as Wealth Managers Consider 1% Allocation, Says Bitwise CEO

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

According to a recent report from Bitcoin Magazine, at the Bitcoin 2025 conference, Hunter Horsley, the CEO of Bitwise, a prominent $12 billion crypto asset management firm, made a significant assertion regarding Bitcoin’s impact on wealth management. If firms were to allocate merely 1% of their investments into Bitcoin, it could inject hundreds of billions of dollars into the cryptocurrency market. This highlights the growing recognition of Bitcoin as a legitimate asset class, potentially opening up new avenues for institutional investors. The implications for wealth management are profound, as it suggests a shift in strategy that could reshape the overall landscape of digital asset investments, reinforcing Bitcoin’s role in diversified portfolios and attracting more mainstream interest.

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