Chief Investment Officer of Bitwise: Still Expect Bitcoin Spot ETF to Attract Record Fund Inflows in Q4

ChainThink report, October 8, encrypted asset management company Bitwise predicts that the U.S. Bitcoin spot ETF will attract record fund inflows in the fourth quarter, with the total for the year expected to exceed the sum of 2024.

At the beginning of this year, Matt Hougan, Chief Investment Officer of Bitwise, predicted that Bitcoin ETF fund inflows in 2025 would surpass the 3.6 billion USD scale of the first year. As of now, actual inflows are approximately 2.25 billion USD, and at this pace, they will reach 3 billion USD by the end of the year — slightly below the first-year performance.

However, in a client memorandum on Tuesday, Hougan stated he is not concerned at all, expecting a strong fourth quarter to drive fund inflows to set a new historical high, driven by three factors: approval from wealth management institutions, a sharp rise in Bitcoin's price, and the "currency depreciation hedging" narrative.