According to the latest news from CoinVoice, Bitwise Chief Investment Officer Matt Hougan stated that the four major financial institutions—Merrill Lynch, Morgan Stanley, Wells Fargo, and UBS Group (which manage over $10 trillion in client assets)—are expected to fully support Bitcoin ETF products by the end of this year.
Although the inflow of funds into Bitcoin ETFs has not been as strong as in the same period of 2024 (attracting only about $4 billion so far this year compared to $11.8 billion last year), Hougan still predicts that 2025 will set a new record for net fund inflows.
He pointed out that institutional participation is significantly increasing—nine out of the top ten hedge funds globally now hold Bitcoin, including institutional investors such as Emory University and the Texas Teacher Retirement System, as well as major asset management companies like BlackRock entering the market. These factors will drive more investors into the Bitcoin market. [Original link]
