Crypto ETF Model Portfolio Allocation Enters Early Stage
Publication Time:2024-08-02 14:02:07
Hunter Horsley, CEO of Bitwise, noted on social media that in this current phase, crypto ETFs are gradually being embraced by model portfolios. Specifically, one advisor reported to him that 1% of the 230 households under his management had allocated funds to BITB. This indicates that while crypto ETFs' inclusion in model portfolios is still in its infancy, the field is expanding and showing positive growth trends. Horsley emphasized that this development represents a significant step toward the ultimate goal of widespread adoption of crypto assets in mainstream portfolios. He further predicted that 2024 could mark the beginning of the era when Bitcoin becomes mainstream, signaling increased attention and participation in the crypto market.
Crypto ETF
Bitwise
growth trend
Model Portfolio
Early Stage