Bitwise CIO expects surge in crypto ETP allocations by year-end, foresees 5% portfolio norm
Bitwise Chief Investment Officer Matt Hougan said on May 14 that a “big unlock” is occurring across the financial advisory space regarding crypto investments.
After attending a major advisory firm’s conference, Hougan shared his expectations that most major firms will enable crypto exchange-traded product (ETP) access by the end of 2025.
He added that interest in crypto exposure is intensifying and predicted that the new measure for inflows into crypto ETPs will be “many billions.”
After over one year since their launch, collective daily inflows for US-traded crypto ETPs have surpassed $1 billion in five instances so far, according to Farside Investors data.
Hougan also said that portfolio allocation norms for crypto are…
