Bitwise "Some Governments Inquire About Bitcoin ETF... Considering Investment"

Source
JOON HYOUNG LEE

Summary

  • Global crypto asset manager Bitwise announced that some governments are considering investing in a Bitcoin ETF.
  • Hunter Horsley, CEO of Bitwise, reported that a government requested information about a Bitcoin ETF.
  • The government is considering converting part of its overseas bond investments into Bitcoin.

Global crypto asset manager Bitwise announced on the 16th that "some governments are considering investing in a Bitcoin (BTC) Exchange-Traded Fund (ETF)."

Hunter Horsley, CEO of Bitwise, stated on X that "today, we provided information to a government that inquired about a Bitcoin ETF," adding that "the government is considering converting part of its overseas bond investments into Bitcoin." He further mentioned, "Bitcoin is entering a new phase."

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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