From Nasdaq:

Independent advisor Ric Edelman expects $150 billion to flow into spot Bitcoin ETFs by 2025, based on a survey that 77% of advisors want to add Bitcoin to their portfolios. The average target allocation is 2%-3%, and he predicts Bitcoin will reach $150,000 within two years due to strong demand and the fixed supply. The growing adoption of spot Bitcoin ETFs is expected to lead to a bull cycle, according to Edelman and Matt Hougan.

Hougan believes that the spot Bitcoin ETF will benefit the overall ETF industry, as they are well-regulated, attractive, and provide investors with peace of mind, access to data, and low fees. Both speakers agree that having a spot Bitcoin ETF in an investor’s portfolio is mainly for portfolio diversification.

Hougan also points to Bitwise 10 Crypto Index Units Beneficial Interest, which provides diversified exposure to Bitcoin and other leading cryptocurrencies. The Bitwise Bitcoin ETF is experiencing purchases from advisors, family offices, and those moving from higher-fee products, with fees half that of the largest gold ETF.

Hougan outlines the sustained demand seen in Bitcoin ETFs, providing an advantageous outlook for the market. He also compares the success of spot Bitcoin ETFs to the launch of the first gold ETF, suggesting a remarkable trend for Bitcoin ETFs.



Read more: Spot Bitcoin ETFs Will See $150B Inflows By End Of 2025, Says Investment Professional: ‘Remarkable’ Demand