Bitwise CIO: Trillions in Institutional Capital Could Propel Bitcoin to $1.3M by 2035

BitcoinWorld Bitwise CIO: Trillions in Institutional Capital Could Propel Bitcoin to $1.3M by 2035 Bitwise Asset Management’s Chief Investment Officer Matt Hougan believes that trillions of dollars in institutional capital could flow into Bitcoin over the next decade or longer.

In a recent interview with CoinDesk, Hougan outlined a scenario where even a modest allocation from the world’s largest financial institutions would dramatically reshape the cryptocurrency’s market size and price trajectory.

Institutional Asset Bases and Potential Inflows Hougan pointed out that financial institutions globally manage between $100 trillion and $200 trillion in assets. If just 1% of that capital were allocated to Bitcoin, it would translate to inflows of $1 trillion to $2 trillion.

He emphasized that the initial wave would likely come from financial advisers and family offices, which are often more agile in adopting new asset classes.