Bitwise has projected that inflows into US spot Bitcoin ETFs will reach record levels in the fourth quarter of this year, potentially surpassing $36 billion in 2024. According to Bitwise Chief Investment Officer Matt Hougan, this surge will be driven by three key factors: the involvement of wealth management firms, a recent increase in Bitcoin prices, and the effectiveness of the 'depreciation trade.' Hougan anticipates that many Wall Street investment advisory firms will incorporate gold and Bitcoin into client portfolios to leverage assets with stronger performance.