Bitcoin Dip Has Institutions Scrambling To Buy, Insider Reveals
Bitwise CIO Matt Hougan says the recent Bitcoin dip is being read very differently inside institutional circles than it is on crypto social media. In a March 2 interview with Scott Melker, Hougan said many professional allocators that missed the first leg of ETF-driven adoption are now treating lower prices as an opening, not a warning sign. Bitcoin Dip Draws Rush From Institutional Buyers The clearest example was a prospective client Hougan said had been in discussions with Bitwise for roughly two years before finally committing $11 million. For Hougan, that was less a story about sudden conviction than about how institutions actually move
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