Trillions in institutional money to flow into bitcoin, says Bitwise’s Matt Hougan
The digital asset manager’s CIO says large capital pools control up to $200 trillion globally, and just a 1% shift toward bitcoin could unlock massive long-term growth.
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Summary
- Bitwise Chief Investment Officer Matt Hougan predicts that institutional investors could allocate trillions of dollars to bitcoin over the next decade as it becomes a mainstream financial asset.
- Hougan estimates that a 1 percent bitcoin allocation from institutions controlling $100 trillion to $200 trillion in assets could support his long-term price target of $1.3 million per coin by 2035.
- He expects future demand to be driven less by corporate buyers like Strategy, and more by large institutions such as pension funds, endowments, insurance companies and sovereign wealth funds, especially as spot bitcoin ETFs offer easier access.
