Bitcoin ETF issuer Bitwise’s CEO Hunter Horsley spotlighted the stealthy yet substantial adoption of Bitcoin (BTC) by registered investment advisors (RIAs) and multi-family offices. In addition, Horsley underscored the discrete nature of Bitcoin adoption among financial institutions.
Bitwise CEO Highlights Growing Bitcoin Adoption
In a post on X Horsley stated, “Right now countless RIAs and multi-family offices are buying bitcoin and doing homework. But almost none of them are saying anything about it publicly.” However, the Bitwise CEO also noted that the Bitcoin adoption by these institutions isn’t publicly known.
He added, “You can scour LinkedIn or firm websites, and you will be hard pressed to find mention of it.” Despite the lack of public acknowledgement, Horsley revealed that discussions with RIAs and family offices were not only abundant but also deeply engaging, with meetings frequently exceeding expectations. Moreover, he noted, “I’ve had 10 meetings with RIA
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