Bitwise Survey Suggests Financial Advisors Underestimate ETF Approval Odds

To investors,

Crypto-native asset management firm Bitwise conducted a survey of financial advisors late last year. The results are worth paying attention to. Here were the main highlights:

• Less than half of all advisors expect a spot bitcoin ETF in 2024. Surprisingly, only 39% of advisors believe a spot bitcoin ETF will be approved in 2024. By contrast, B…