Bitwise CEO says now is a good time to buy crypto

Hunter Horsley, CEO of crypto spot ETF issuer Bitwise, stated on X that he believes the current market presents a good buying opportunity. He noted that on Friday, three Bitwise ETFs saw a total net inflow of $40 million. Horsley observed that while some investors are selling, ETF investors are buying. He argued that since most investors find it difficult to time the market bottom, the best strategy is to purchase a preferred asset when it appears inexpensive. According to Horsley, many investors view current prices as attractive and will likely look back on this moment as a favorable opportunity.