Bitwise CEO Cited Investor Busyness in Crypto Adoption
Wealth managers are shifting client portfolios into cryptocurrency ETFs to simplify asset management and oversight.
Updated on Oct. 4, 2026 in Investing
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Bitwise CEO Hunter Horsley stated that investor time constraints remain a major barrier to cryptocurrency adoption. Consequently, advisors have begun transitioning client holdings from self-custodied Bitcoin and Solana assets into Exchange-Traded Funds.
Why it matters
Advisors are seeking improved peace of mind and simplified portfolio management for their clients. This trend is expected to drive long-term growth for index-based cryptocurrency investment products.
The Bitwise NEAR ETF has surpassed $50 million in net inflows since launching on the New York Stock Exchange in late September. Meanwhile, Bitcoin traded at $85,200 on Sunday, reflecting a 0.5% increase over the previous 24 hours.
The players
Hunter Horsley
He is the CEO of Bitwise who recently highlighted the role of advisor-led product adoption in the cryptocurrency market.
Bitwise
It is an investment firm that recently expanded its product offerings with a NEAR ETF on the New York Stock Exchange.
The details
Wealth managers are moving assets into ETFs to bypass the complexities of self-custody. The NEAR cryptocurrency saw its price climb over 3% during the 24-hour period ending Sunday.
Timeline
September 2026: Bitwise launched the NEAR ETF on the New York Stock Exchange.
Q3 2026: Advisors executed swaps of client holdings into ETFs.
October 4, 2026: Bitcoin traded near $85,200 on Sunday.
October 2026: Market analysts identified $150,000 as a potential price threshold for market overheating.
2027: Advisors are expected to utilize stablecoins and tokenized assets under new SEC frameworks.
Market Dynamics
The shift toward ETF-based crypto ownership follows the path established by the pending SEC crypto custody framework. This transition marks an evolution in how institutional capital enters digital asset markets compared to earlier cycles of self-custody.
Investors currently managing self-custodied crypto may find lower barriers to entry through new ETF products that offer simplified reporting and oversight. This shift allows retail investors to gain exposure to digital assets without the operational burdens of personal custody.
The takeaway
Advisors are prioritizing institutional simplicity over the complexities of individual digital asset management. Investors should watch for the anticipated 2027 expansion of stablecoin and tokenized asset availability as regulatory frameworks evolve.
Further reading
Learn more about the latest trends in Investing.
Source note: This article includes information reported by Asianet News Network Pvt Ltd.
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