Bitwise CEO: The Best Time to Own Bitcoin is Now**
Bitwise CEO Hunter Horsley asserts that there is no better time to invest in Bitcoin (BTC) than now. This is because regulation has now become a major factor influencing the market, with positive shifts in attitude from the U.S. government, Congress, and the SEC towards the crypto industry.
"The first quarter of this year is the best moment for investors to put their funds into Bitcoin, and we are seeing more wealth managers, banks, and traditional investors getting involved with the Bitwise Bitcoin ETF," said Horsley in an interview with CNBC.
Furthermore, he also revealed that more and more countries are beginning to accumulate Bitcoin in their financial reserves. Notably, there will be an important meeting in Washington D.C. on March 11 that will further discuss Bitcoin's potential as a strategic reserve in the U.S.
"Abu Dhabi has just purchased half a billion dollars worth of Bitcoin for its sovereign wealth fund, and now there are about 11 countries that have exposure to this asset," added Horsley.
SC: crypto academy
