Matt Hougan, Chief Investment Officer at Bitwise Asset Management, refuted an analyst’s claim that investment advisors were not buying Bitcoin (CRYPTO: BTC) spot exchange-traded funds in great numbers. What Happened: In a post on X Monday, Matt Hougan challenged the views of macro analyst Jim Bianco, arguing instead that investment advisors were adopting Bitcoin ETFs faster than any new ETF in history. Using Bianco’s own figures to buttress his point, Hougan stated that the $1.45 billion net inflows from investment advisors into the iShares Bitcoin Trust ETF (NASDAQ:IBIT) that Bianco deemed “s…
