🚨 Live: The CEO of Bitwise says institutions are returning to buy Bitcoin at prices "they thought they would never see again" 💥
Hunter Horsley, CEO of cryptocurrency asset management firm Bitwise, shares a positive shift in institutional investor sentiment:
"Institutions feel they are finally getting another chance to buy Bitcoin at prices they thought they would never see again." This comes at a time when Bitcoin has corrected from its recent all-time highs and reached levels that many portfolio managers consider to be value areas, sparking renewed interest from large funds, hedge funds, and pension funds exploring investment in Bitcoin.
🧠 What this really means
✔ Institutions are seizing the opportunity
When Bitcoin pulled back from its recent highs, many institutions halted their investments. Now, they see the risk-to-reward ratio leaning towards opportunity once again. ✔ No call for broad-based rally
Horsley does not expect a breakout, but describes institutional behavior: buyers entering at levels they see as enticing investment opportunities.
✔ Continued long-term outlook
Institutions seeking a safe haven (like gold) find Bitcoin attractive when prices drop.
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