According to ChainCatcher and a report by The Block, Bitwise Chief Investment Officer Matt Hougan stated that the four major financial institutions (managing over $10 trillion in client assets) including Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS are expected to fully support Bitcoin ETF products by the end of this year.
Although the capital inflow into Bitcoin ETFs this year is not as strong as in the same period of 2024 (attracting only about $4 billion so far, compared to $11.8 billion in the same period last year), Hougan still predicts that 2025 will set a new record for net capital inflows.
He pointed out that institutional participation is fully increasing - nine of the world's top ten hedge funds now hold Bitcoin, including institutional investors like Emory University and the Texas Teacher Retirement System, as well as major asset management companies like BlackRock that have also entered the market. These factors will drive more investors into the Bitcoin market.
