BlockBeats News, on May 7th, Bitwise CEO Hunter Horsley spoke at Consensus2026 and stated:
Last year’s fourth quarter saw a market decline, and the first quarter of this year also experienced a downturn. However, the inflow of funds from American wealth management channels reached the highest quarterly record in eight years. In other words, for financial advisors in the wealth channel, the first quarter of this year was their best quarter for investing in these products. So, when the market declined, they chose to buy on the dip.
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