Bitwise CEO Hunter Horsley said that the recent pullback in the cryptocurrency market is being seen as an “opportunity” by some institutional and wealthy investors.
According to information shared by Horsley, a wealth management client the company contacted about two years ago, despite never having invested in crypto assets before, made their first Bitcoin purchase during the market correction.
Horsley revealed that the client in question redirected a budget of $11 million directly into Bitcoin during the pullback period. This move indicates that even investors who are hesitant about crypto in the traditional finance sector are beginning to consider dips as an entry point.
Bitwise CEO emphasized that there is still a large group of investors who have not yet entered the crypto market, stating, “For these types of investors, pullbacks can represent more of an opportunity than a risk.” According to Horsley, despite the volatility, Bitcoin’s long-term story and limited supply structure continue to attract attention, especially in the wealth management sector.
Market analysts note that large-scale purchases indicate continued institutional interest in Bitcoin, independent of short-term price movements. However, experts emphasize that investors should implement risk management strategies to mitigate market fluctuations.
*This is not investment advice.
