Bitwise CEO: If Wealth Management Institutions Allocate 1% to Bitcoin, It Will Bring Hundreds of Billions in Inflows
According to a report by Jinse Finance, Bitcoin Magazine revealed that Hunter Horsley, CEO of Bitwise, a cryptocurrency asset management company with $12 billion in assets under management, stated at the Bitcoin2025 conference that if wealth management institutions allocate 1% of their investment to Bitcoin, it would bring "hundreds of billions of dollars" into the Bitcoin market.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
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