Инвестиционный директор Bitwise Мэтт Хоуган выделил три ключевых фактора, которые, по его мнению, обеспечат беспрецедентный приток капитала в спотовые биржевые фонды на биткоин (BTC-ETF) до конца 2025 года: включение криптоактивов в портфели крупных управляющих компаний, недавний рост цены BTC и смягчение регуляторного климата в США.
По данным Хоугана, за первые четыре торговых дня октября спотовые BTC-ETF привлекли $3,5 млрд, а совокупный приток с начала года уже достиг $25,9 млрд. При этом в прошлом году общий объём поступлений составил $36 млрд — и Хоуган уверен, что в этом году этот показатель будет значительно превзойдён.
«До конца года осталось 64 дня. Чтобы повторить прошлогодний результат, нужно привлечь ещё около $10 млрд. Я не просто верю — я уверен, что мы не только достигнем этой планки, но и существенно её перекроем», — заявил он.
Особое значение, по словам Хоугана, имеет растущий интерес со стороны ведущих финансовых институтов: Morgan Stanley, Wells Fargo, UBS и Merrill Lynch уже начали интегрировать биткоин в свои диверсифицированные инвестиционные стратегии. Это, по его мнению, отражает формирование устойчивого спроса на BTC-ETF среди профессиональных консультантов и управляющих активами.
Хоуган также отметил историческую закономерность: каждый квартал, в котором биткоин демонстрировал двузначный рост в процентах, сопровождался массовым притоком миллиардов долларов в ETF. Учитывая текущую динамику котировок и нарастающий институциональный интерес, он считает новую волну капитала в последние месяцы года практически неизбежной.
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