Bitwise: The amount of assets under management of Bitcoin ETFs is much higher than the initial forecasts A new report from Bitwise shows that the assets under management of Bitcoin-based exchange-traded funds (ETFs) reached $59.1 billion in the first 3 months of this year. This figure is almost double the initial forecasts of banking giants JP Morgan (JP Morgan) and New York Digital Investment Group (NYDIG) and is on track to meet more optimistic forecasts. JP Morgan and NYDIG predicted that the amount of assets under management of these funds will reach $36 billion and $30 billion, respectively, by the end of 2024.
Bitwise: The amount of assets under management of Bitcoin ETFs is much higher than the initial forecasts A new report from Bitwise shows that the assets under management of Bitcoin-based exchange-traded funds (ETFs) reached $59.1 billion in the first 3 months of this year. This figure is almost double the initial forecasts of banking giants JP Morgan (JP Morgan) and New York Digital Investment Group (NYDIG) and is on track to meet more optimistic forecasts. JP Morgan and NYDIG predicted that the amount of assets under management of these funds will reach $36 billion and $30 billion, respectively, by the end of 2024.