Bitwise's CEO predicts an increase in asset managers investing in Bitcoin ETFs.

The iShares Bitcoin Trust (IBIT) from BlackRock is gaining traction, competing closely with Grayscale.

Although Grayscale has a strong presence in the Bitcoin market, it is facing tough competition in the Bitcoin ETF space.

Hunter Horsley, Bitwise's CEO, is optimistic about the rise of Bitcoin ETFs amid growing popularity.

With the increasing global popularity of Bitcoin, there is a growing interest in Bitcoin ETFs.

BlackRock's IBIT is catching up with Grayscale, positioning itself as a top contender in the Bitcoin fund market.

Grayscale has experienced significant drops in its asset value, while IBIT continues to grow steadily.

Despite Grayscale's early lead in Bitcoin adoption, other ETF providers like Fidelity and BlackRock are gaining market share.

Recent data shows that Grayscale's GBTC has experienced outflows, indicating a shifting trend in the market.

Bitwise's CEO believes that registered investment advisers and family offices are increasingly looking into Bitcoin ETFs.

As competition heats up, Bitcoin ETFs are becoming more popular among investors seeking exposure to digital assets.