Скачать или смотреть Bitwise CIO Matt Hougan speaking on Bitcoin and the capital inflows on CNBC Feb 29 2024

Matt Hougan Bitwise
Chief Investment Officer at Bitwise Asset Management
Founded in 2017, Bitwise Asset Management pioneered the first crypto index fund and is the leading provider of rules-based exposure to the cryptoasset space.

Matt Hougan, Bitwise CIO, joins 'Squawk Box' to discuss Bitcoin's IPO moment and also speaks on the state of the spot bitcoin ETF market, who the ETF buyers are, latest bitcoin rally, demand outlook, prospect of an ethereum ETF, and more.

Initial buying demand for the Bitcoin ETFs were primarily Retail Investors, Hedge Funds and Independent Investment Advisors. Next the Major Wire Houses will get involved i.e Merrill Lynch, Morgan Stanley, UBS, Banc of America & Wells Fargo.

Matt believes their 2024 prediction in which they said that bitcoin would trade new all time highs above $80,000 a coin may need to be revised. Based on what they are seeing in their ETF "BITB" and other ETFs (IBIT, FBTC, ARKB etc) they have to revise their 2024 Bitcoin price target upwards to $100,000 or $200,000.

It's a new era of price discovery.

[BITB disclosures & prospectus: https://bitbetf.com/welcome]

Douglas Dennard, the Managing Partner of DCD Consulting Group. We are a global leader in market research and analysis specializing in financial literacy and digital asset education.

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