Bitwise CIO: Spot Bitcoin ETF allocation for professional investors will rise to 1-5%

Golden Finance reports that Bitwise chief investment officer Matt Hougan said that the Bitcoin ETF allocation disclosed in the recent 13F filing with the SEC is just a "down payment" and he expects the spot Bitcoin ETF allocation ratio in industry investors' portfolios to rise to 1-5%, as most professional investors take 6 to 12 months to evaluate cryptocurrencies, following a pattern of due diligence, individual allocation, isolated client allocation, and full platform allocation phases.