Bitwise CEO: A decline is not a failure signal in the eyes of mainstream investors, but a rare entry opportunity

On February 12, Bitwise CEO Hunter Horsley posted on social media that a wealth management client they engaged with two years ago had never previously allocated any assets to cryptocurrencies. Until today, during this recent correction, they invested $11 million in Bitcoin. For many investors who have not yet entered the crypto space, a correction is an opportunity. People often forget that many professional investors are inherently professional “bottom-fishers.” This may not have been the case in the past, but now more and more mainstream investors are entering the crypto sector. In their view, a price decline is not a sign of failure but a rare entry opportunity, just as they see bear markets in other asset classes. The crypto market is moving toward maturity.