Approximately $70 million in spot crypto assets converted to Bitwise ETF, statistics as of year-to-date Q3

Odaily News: Bitwise CEO posted on X platform stating that he just received the latest data from @JWFarrell: investors have converted approximately $70 million in spot crypto assets into Bitwise ETF year-to-date in Q3. Not all investors prefer ETFs over spot crypto assets, but interest in such products continues to grow for reasons such as peace of mind, tax simplification, wills and estate planning, lending and margin. He hopes to continue lowering the minimum threshold.