Bitcoin Could Reach $30 Trillion Like Gold, Bitwise CIO Says
Photo: Bitcoin.com News
Bitcoin could grow into a $30 trillion asset by following gold’s expansion, Bitwise’s investment chief suggests. He points to expanding institutional access while warning that investor behavior could determine who benefits from long-term gains. Bitcoin could follow gold into a much larger market as institutional ownership expands, according to Matt Hougan, chief investment officer of Bitwise Asset Management. In an Oct. 9 post on X, he reinforced his comparison between gold and bitcoin exchange-traded fund (ETF) launches while sharing a video clip posted by media outlet Simply Bitcoin.
Also reported by Cointribune.
Source: Bitcoin.com News
