Bitwise CEO reveals that their clients bought $11 million worth of Bitcoin during the market downturn

BTC2,64%

BlockBeats News, February 12 — Bitwise CEO Hunter Horsley stated, “One of Bitwise’s wealth management clients had never held any crypto assets two years ago when they first engaged with Bitwise. Today, as the market retraced, the client invested $11 million in Bitcoin. For many investors who have yet to enter the crypto market, market retracements present an opportunity.”

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Spot Bitcoin ETF sees over $1.1 billion in net inflows over three days, analysts say the "safe-haven asset" narrative is returning

Recently, spot Bitcoin ETF funds have rebounded, recording approximately $1.1 billion in net inflows from March 2 to 4, helping to push Bitcoin's price above $73,000. Analysts believe that geopolitical tensions and macroeconomic uncertainties are causing institutional funds to refocus on Bitcoin as a safe-haven asset.

GateNews11m ago

Bitwise Donates $233K to Bitcoin Developers From BITB Profits

Bitwise Asset Management has donated $233,000 to Bitcoin developers, fulfilling its pledge to allocate 10% of its ETF profits for community support. This brings total donations to $383,000, aiming to enhance Bitcoin ecosystem security and development.

TodayqNews17m ago

After -25% Bloodbath… Bitcoin Is +8% – Too Late to Buy?!

Bitcoin experienced an 8.12% increase in March 2026, turning around losses from the previous months. Historically, March has been strong for Bitcoin, showing average gains and a potential for renewed market confidence, even as traders remain cautious about future trends.

Coinfomania21m ago

American Bitcoin's two board members make large purchases of company stock after the earnings release

Two board members of American Bitcoin (ABTC), a Bitcoin mining company supported by the Trump family, made large-scale stock purchases after the earnings report was released, with Justin Mateen buying approximately 1.3 million shares and Richard Busch buying about 330,000 shares.

GateNews27m ago
Comment
0/400
No comments