Bitwise CEO: If Wealth Management Firms Allocate 1% to Bitcoin, It Will Bring Hundreds of Billions of Dollars in Inflows

According to TechFlow, on May 28, Bitcoin Magazine reported that Hunter Horsley, CEO of Bitwise, a cryptocurrency asset management company with $12 billion in assets under management, stated that if wealth management institutions allocated 1% of their investments to Bitcoin, it would bring "hundreds of billions of dollars" of capital inflow to the Bitcoin market.