Bitcoin ETF inflows are projected to establish unprecedented quarterly records, according to leading crypto asset manager Bitwise. The firm anticipates substantial Q4 growth driven by expanding institutional participation, favorable macroeconomic conditions, and accelerating price appreciation.
Bitwise previously forecasted that 2025 bitcoin ETF inflows would exceed the inaugural year's record of $36 billion. With $22.5 billion already accumulated through September, current trajectory suggests year-end totals could significantly surpass initial projections, the company revealed in its latest market analysis.
A pivotal development occurred October 1st when Morgan Stanley authorized its network of 16,000 financial advisors, managing $2 trillion in client assets, to allocate to cryptocurrency products. Wells Fargo has implemented similar policies, while institutions including UBS and Merrill Lynch are considering comparable moves, according to Bitwise CIO Matt Hougan.
Macroeconomic trends are further accelerating adoption. The "debasement trade" - favoring gold and bitcoin as hedges against currency depreciation - has gained mainstream traction following a 44% expansion in U.S. money supply since 2020, Hougan noted.
Bitcoin's market performance continues to reinforce this momentum. The cryptocurrency surpassed the $100,000 psychological barrier, currently trading above $125,000 with 9% October gains. Historical patterns indicate price appreciation typically correlates with increased ETF inflows, the report emphasized.
Q4 has commenced robustly with $3.5 billion net inflows during the first four trading sessions, elevating year-to-date totals to $25.9 billion. With two months remaining, achieving record-breaking quarterly inflows appears increasingly probable, Bitwise concluded.