Bitwise предсказывает стремительный рост капиталовложений в биткоин-ETF в конце 2025 года Translation: Bitwise predicts a rapid increase in capital investments in Bitcoin ETFs at the end of 2025

Spot bitcoin ETFs in the United States are expected to see unprecedented capital inflows in the fourth quarter, as predicted by Bitwise’s CIO, Matt Hougan.

He anticipates that by the end of 2025, total investments into bitcoin exchange-traded funds will significantly surpass last year’s overall figure of $36 billion.

Hougan identified three primary factors driving these inflows: approval of cryptocurrency investments by asset managers, a recent surge in the price of digital gold, and “devaluation trading.”

According to Hougan, major players like Morgan Stanley have begun to adaptively incorporate crypto assets into diversified portfolios. Experts have advised conservative investors to maintain a zero exposure, while those with a higher risk tolerance may allocate 2-4% of their capital.

Leading financial institutions such as Wells Fargo, UBS, and Merrill Lynch are making similar recommendations. The analyst noted that this reflects a growing demand for bitcoin ETFs among professional advisors.

This year, bitcoin and gold have emerged as the frontrunners in terms of returns, reinforcing the relevance of “devaluation trading,” Hougan mentioned. The U.S. money supply has increased by 44% since 2020, leading investors to seek protection from the depreciation of fiat currencies.

According to Bitwise’s CIO, the recent price surge in bitcoin is also driving new inflows into ETFs. In each quarter where bitcoin has yielded double-digit returns, billions of dollars have flowed into funds based on the asset.

The recent short-term surge that pushed the price of digital gold above $125,000 has captured the attention of media and investors alike. The analyst believes this could indicate a new wave of momentum in the year’s final quarter.

He noted that in the first four trading days of October, bitcoin ETFs recorded a total inflow of $3.5 billion. Cumulatively, year-to-date inflows have reached $25.9 billion.

“We have 64 days left to gather another $10 billion. I believe we will achieve that and even more,” concluded Hougan.

It’s worth recalling that Bitwise recently identified Solana as a future favorite on Wall Street.