{"id":575429,"date":"2024-02-16T09:00:30","date_gmt":"2024-02-16T09:00:30","guid":{"rendered":"https:\/\/wncen.com\/?p=575429"},"modified":"2024-06-11T08:15:13","modified_gmt":"2024-06-11T08:15:13","slug":"bitcoin-monumental-150-billion-inflow","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-monumental-150-billion-inflow\/","title":{"rendered":"Bitcoin To Receive Monumental $150 Billion Inflow: Expert Reveals"},"content":{"rendered":"

At the Exchange ETF conference in Miami Beach, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, and Ric Edelman, founder of the Digital Assets Council of Financial Professionals, engaged in a discussion<\/a> with CNBC\u2019s Bob Pisani on the future of spot Bitcoin ETFs and their integration within diversified portfolios.<\/p>\n

$150 Billion Ready To Enter The Bitcoin Rabbit Hole<\/h2>\n

Ric Edelman cast a bold prediction about the future inflows into spot Bitcoin ETFs, foreseeing an unprecedented $150 billion by the end of 2025, up from the current $5 billion. He confidently stated, “I’m anticipating that by the time we get to the end of 2025, we’re talking two years, we’re gonna see total inflows of more than $150 billion. We’re only at $5 billion right now.” This represents a significant leap, signaling a transformative phase in cryptocurrency investment.<\/p>\n

The conversation then turned to the underlying factors expected to drive this surge. Edelman elaborated on the potential inflows from independent financial advisors, who currently manage about $8 trillion in assets. With three-quarters indicating a readiness to allocate to Bitcoin ETFs, according to recent industry studies, Edelman explained the math: “Do the arithmetic. $8 trillion, 77% and 2.5% is $150 billion worth of flows.”<\/p>\n

Related Reading: Bitcoin All-Time High Ahead: Historical Pattern Signals 50% Chance Of Reaching $100K By August<\/a><\/div>\n

Notably, this calculation only takes into account independent advisors, leaving out the substantial potential from wirehouses, regional broker-dealers, and institutional investors, as Edelman emphasized.\u00a0\u00a0On a bullish note, Matt Hougan highlighted the enduring nature of investments in Bitcoin ETFs by financial advisors, contrasting with the speculative short-term trading often associated with cryptocurrencies.<\/p>\n

“The people who are buying Bitcoin ETFs now, the financial advisors, they make their allocations for the long term. Financial advisors are usually not short-term traders, they’re not speculating where Bitcoin will be next week. They make an allocation that they hold for 1 year, 3 or 5 years<\/span>,” Hougan remarked.<\/p>\n

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Independent advisors control $8 trillion in assets, and surveys show 77% of them want to add Bitcoin to their portfolios, aiming for an average allocation of 2-3%. <\/p>\n

This means we'll likely see $150 billion flowing into Bitcoin ETFs from advisors alone.<\/p>\n

H\/T @RhinoBTCapp<\/a> pic.twitter.com\/jc0F98KBAL<\/a><\/p>\n

— Thomas | heyapollo.com (@thomas_fahrer) February 14, 2024<\/a><\/p><\/blockquote>\n