Bitwise Chief Investment Officer: Still expects Bitcoin spot ETF to attract record inflows in Q4

ChainCatcher news, cryptocurrency asset management company Bitwise predicts that the U.S. Bitcoin spot ETF will attract record inflows in the fourth quarter, with the total for the year expected to surpass the total for 2024. Earlier this year, Bitwise Chief Investment Officer Matt Hougan predicted that Bitcoin ETF inflows in 2025 would exceed the inaugural year's $36 billion. So far, actual inflows are around $22.5 billion, and at this pace, they are expected to reach $30 billion by the end of the year—slightly below the first year's performance.

However, in a client memo on Tuesday, Hougan expressed no concerns, expecting a strong fourth quarter to drive inflows to a historic high. The three main factors driving this event include the release by wealth management firms, a surge in Bitcoin prices, and the narrative of "hedging against currency devaluation."