Bitcoin ETF flows have stalled, but Wall Street's interest in crypto is still expanding. Bitwise's Ryan Rasmussen says advisers are looking beyond Bitcoin, asking about…
Original source excerpt
Bitcoin ETF flows have stalled, but Wall Street's interest in crypto is still expanding. Bitwise's Ryan Rasmussen says advisers are looking beyond Bitcoin, asking about stablecoins, tokenization, Sol…
Bitcoin ETF flows have stalled, but Wall Street's interest in crypto is still expanding. Bitwise's Ryan Rasmussen says advisers are looking beyond Bitcoin, asking about stablecoins, tokenization, Solana, Hyperliquid and XRP "There's a big pause in the flows into Bitcoin ETFs right now." "When we go into the offices of the major wirehouses and speak with advisers, the interest is there. We are seeing a lot of really strong interest. I think the questions that they're asking are getting better." "It's not like it was in 2022, when you would go into these meetings and the audience was quarter filled, just a bunch of empty seats. The seats are filled. The advisers are engaged." "They're thinking about how to get allocations to crypto. They maybe aren't doing it yet, but they're getting educated. That's the first step." "We're being asked about stablecoins, tokenization, Solana, Hyperliquid, XRP. That tells me the scope of what institutional investors are thinking about when it comes to crypto is expanding."
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