{"id":137116,"date":"2024-09-12T09:30:01","date_gmt":"2024-09-12T06:30:01","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137116"},"modified":"2024-09-11T19:01:22","modified_gmt":"2024-09-11T16:01:22","slug":"bitcoin-etfs-gaining-rapid-adoption-among-investment-advisors","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-etfs-gaining-rapid-adoption-among-investment-advisors\/","title":{"rendered":"Bitcoin ETFs Gaining Rapid Adoption Among Investment Advisors"},"content":{"rendered":"

This response<\/a><\/strong> counters macro strategist Jim Bianco\u2019s assertion that the adoption rate is \u201csmall.\u201d Hougan argues that Bianco\u2019s perspective is incorrect, pointing out that the BlackRock Bitcoin ETF (IBIT) alone has seen $1.45 billion in net inflows from investment advisors.<\/p>\n

While this is a fraction of the total $46 billion invested in Bitcoin ETFs, Hougan asserts that the rapid adoption by advisors is significant compared to other ETFs.<\/p>\n

Hougan further explains that while the total inflow into Bitcoin ETFs includes contributions from a broad range of investors, the speed at which investment advisors are incorporating these ETFs into their portfolios is unprecedented.<\/p>\n