🟡Matt Hougan, CIO of Bitwise, projects that Bitcoin could reach $1.3 million by 2035. The key driver, he argues, is institutional adoption: Bitcoin is no longer seen as a fringe asset but increasingly as a core component of global portfolios, alongside equities and bonds.
🟡Hougan believes Bitcoin can capture a portion of the gold market, cementing its role as the “digital equivalent” of the traditional safe-haven asset. ETF launches, a favorable regulatory environment, and growing Wall Street demand all reinforce this trajectory. Despite political and market risks, Hougan maintains that the crypto industry is entering a new era—with Bitcoin as its central symbol.