Bitwise CIO Matt Hougan said that institutions “representing trillions of dollars in assets” are expected to start investing in spot Bitcoin ETFs by the second quarter. Hougan made the revelation in a weekly memo sent out to investors, parts of which were shared on social media. Influx of institutional interest Hougan wrote that Bitwise, and […]
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Bitcoin hit a new all-time high for the second time this week and once again experienced a violent sell-off that erased its gains and stirred memories of past volatilities in the crypto space. Bitcoin broke its previous record early in the US trading hours on March 8, climbing to an all-time high of $70,136 after […]
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