Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Bitwise CEO: US wealth management channel inflows reach eight-year high amid market downturn

Bitwise CEO: US wealth management channel inflows reach eight-year high amid market downturn

BlockBeatsBlockBeats2026/05/07 04:57
Show original

BlockBeats report: On May 7, Bitwise CEO Hunter Horsley spoke at the Consensus2026 conference:


Last year, the market declined in the fourth quarter, and this year it continued to fall in the first quarter. However, capital inflows from U.S. wealth management channels hit the highest level of any quarter in the past eight years. In other words, for financial advisors in the wealth channel, the first quarter of this year was the best-performing quarter for their investments in these products. So, when the market dropped, they chose to buy the dip.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

TSMC (TSM.US) in talks with Musk's Terafab for cooperation, but emphasizes the need to control chip production

TSMC (TSM.US) is currently in talks with Elon Musk's Terafab project regarding potential collaboration. However, the Asian chip manufacturer has emphasized that it must retain control over chip production in any partnership.

智通财经•2026/10/15 08:47

The price of tungsten has surged more than sevenfold in two years, and tungsten mining companies are collectively rushing for US stock IPOs.

Over the past two years, combined supply constraints and unleashed demand have driven tungsten prices to epic levels, as global tungsten miners accelerate their entry into the public market.

智通财经•2026/10/15 08:08