Bitwise CEO: Traditional Financial Giants Have Officially Ended the Era of "Going Long Bitcoin, Shorting Bankers," Two Trillion-Dollar Institutions Approved Crypto Products This Summer
Bitwise CEO Hunter Horsley stated that this summer, two financial institutions, each managing over $1 trillion in assets, approved crypto products, indicating that large companies are expanding access to crypto assets even in a bear market. Fabian Dori, Chief Investment Officer at Sygnum, also acknowledged this shift, noting that banks have moved from resisting digital assets to building, enabling, or distributing them through custody, tokenization, and regulated trading, primarily due to client demand and clearer regulatory rules.
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