$20B asset manager approves 3% Bitcoin allocation, says Bitwise CEO

Hunter Horsley, CEO of spot Bitcoin ETF issuer Bitwise, stated on X that the investment committee of an asset management firm with $20 billion in assets under management (AUM) has approved a 3% portfolio allocation to Bitcoin. He added that interest from mainstream investors is stronger than ever, predicting that 2025 will mark the beginning of Bitcoin's mass adoption.