Bitwise | Crypto

In an interview with Cointelegraph Bitwise CIO Matt Hougan outlines why Bitcoin could climb to over $1 million by 2035, pointing to Wall Street’s growing embrace of crypto. How high can Bitcoin really go? For Matt Hougan, chief investment officer at Bitwise, the answer might surprise even the most optimistic crypto bulls. In an in-depth conversation with Cointelegraph, Hougan laid out his long-term forecast for Bitcoin: $1.3 million per coin by 2035. Far from a wild guess, this projection is based on a detailed institutional report that models Bitcoin’s role as a store of value, its competition with gold, and the growing wave of institutional adoption. Hougan argues that three factors are converging to reshape Bitcoin’s trajectory: ballooning government debt, a regulatory climate that has turned from hostile to favorable, and the arrival of Bitcoin exchange-traded funds (ETFs), which make it easier than ever for Wall Street to invest. Read more

Bitwise’s Stablecoin & Tokenization ETF would track companies tied to stablecoins and tokenization sectors, as demand for onchain assets accelerates under new US rules. Bitwise filed with the US Securities and Exchange Commission (SEC) to launch the “Stablecoin & Tokenization ETF,” an exchange-traded fund designed to track an index split between companies tied to stablecoins and tokenization. According to a Tuesday filing, the proposed ETF will track an index featuring companies from stablecoin issuers, infrastructure providers, payment processors, exchanges and retailers to regulated crypto exchange-traded products (ETPs) with exposure to Bitcoin (BTC) and Ether (ETH). The index, which will go through quarterly rebalances, is split into two equally weighted sleeves: an equity sleeve and a crypto asset sleeve, each making up half of the fund. The equity sleeve will focus on companies most directly tied to stablecoins and tokenization, while the crypto asset sleeve will provide exposure to blockchain infrastru...

Bitwise filed a prospectus on Sept. 16 for a stablecoin and tokenization exchange-traded fund (ETF) structured as a 40 Act fund, positioning for potential launch around Thanksgiving. The proposed fund tracks the Bitwise Stablecoin and Tokenization Index through two equally weighted sleeves targeting companies and assets poised to benefit from stablecoin adoption and asset tokenization […] The post Bitwise files for stablecoin and tokenization ETF targeting Thanksgiving launch appeared first on CryptoSlate.

Bitwise Chief Investment Officer Matt Hougan said Solana could soon set new all-time highs, mirroring Bitcoin and Ethereum’s record runs earlier this year. Hougan argued that SOL is set to benefit from the same forces that propelled BTC and ETH to new highs this cycle, namely exchange-traded fund (ETF) inflows, large capital firms entering the […] The post Bitwise says Solana next to hit fresh highs as institutional adoption wave matures appeared first on CryptoSlate.

Bitwise projects Bitcoin price to trade near $1.3 million by 2035, citing institutional demand, scarce supply and macroeconomic pressures. Key takeaways: Bitwise forecasts Bitcoin price to reach $1.3 million by 2035, projecting 28.3% annualized returns that outpace traditional assets. Institutional investors dominate Bitcoin demand, with corporate holdings surging and Strategy leading in accumulation. Read more

Equity investment vehicles present ETH in a way that is palatable to investors in the legacy financial system, Bitwise Chief Investment Officer Matt Hougan says. Ether treasury and holding companies have solved Ethereum’s narrative problem by packaging the digital asset in a way that traditional investors understand, drawing in more capital and accelerating adoption, according to Matt Hougan, chief investment officer at Bitwise. Hougan told Cointelegraph that Ethereum had struggled to define income-producing features for traditional financial investors until its native token, Ether (ETH), was packaged in an “equity-wrapper.” Hougan said: “But if you take $1 billion of ETH and you put it into a company and you stake it, all of a sudden, you're generating earnings. And investors are really used to companies that generate earnings,” he said. Read more

The Bitwise Invest executive admits he “could be wrong” but doesn’t see 2025 as the end of the upside for Bitcoin. Bitcoin’s price could see significant upside in 2026, bucking the traditional four-year market cycle, according to Bitwise chief investment officer Matt Hougan. The prediction comes as other analysts are divided on whether Bitcoin (BTC) will stray from its historical pattern or follow the traditional halving cycle and peak in the coming months. “I bet 2026 is an up year,” Hougan said in an X video on Friday. “I broadly think we’re in for a good few years,” Hougan added. Read more

A pro-crypto US government, near-insatiable institutional investor demand, and the chance for ETH staking ETFs made ETH a top performer last week. Key points: Bitwise analysts said new US crypto laws favor Ether, boosting its role in tokenization and stablecoins. Institutions pile into ETH, with staking ETFs expected to add $20 billion-30 billion yearly. Read more

The SEC halted Bitwise’s ETF just days after stopping Grayscale’s mixed crypto fund, marking two sudden reversals this month.

The US SEC has extended its decision deadline on whether to allow in-kind redemptions for Bitwise’s spot Bitcoin and Ether ETFs on NYSE Arca. The United States Securities and Exchange Commission (SEC) extended its deadline for ruling on in-kind redemptions for two separate crypto exchange-traded funds (ETFs). According to a Wednesday SEC filing, the regulator will take more time to decide whether to allow in-kind redemptions on NYSE Arca for Bitwise’s Bitcoin (BTC) and Ether (ETH) spot ETFs. The time limit for the decision was extended, but the underlying limit remains “45 days, extendable to no more than 90.” “The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change, and the issues raised therein,” the announcement read. Read more

Figma’s initial public offering (IPO) prospectus reveals that the design software company holds approximately $69.5 million of the Bitwise Bitcoin ETF (BITB). According to a July 1 filing, a table lists the ETF under level-1 marketable securities at $69.533 million.  The document also stated that the board authorized a $55 million purchase on March 3, […] The post Figma discloses $70M Bitcoin exposure via Bitwise ETF in IPO filing, plans another $30M buy appeared first on CryptoSlate.

Over 70 crypto exchange-traded funds are awaiting review from the United States Securities and Exchange Commission. Bitwise has amended its proposed Dogecoin and Aptos exchange-traded funds to include in-kind redemptions, according to filings on Thursday. The updates come as discussions around altcoin ETFs and redemption structures gain traction with US regulators. In-kind redemptions allow investors to exchange ETF shares directly for the underlying tokens. The mechanism is considered more tax-efficient and can appeal to all types of investors, from institutional to retail. In February, the SEC sought comments on a proposal to allow in-kind creations and redemptions for spot Bitcoin (BTC) and Ether (ETH) ETFs. During a panel at the Bitcoin Policy Institute on Wednesday, US Securities and Exchange (SEC) Commissioner Hester Pierce said in-kind redemptions for crypto ETFs are on the horizon. Read more

Bitwise CEO Hunter Horsley believes the actual competition for Bitcoin isn’t gold, but government-backed bonds like US Treasuries and UK gilts. In a June 20 post on X, Horsley argued that gold and Bitcoin are apolitical stores of value that operate outside direct government control. However, he said Bitcoin’s actual competition lies with instruments tightly […] The post Bitwise CEO says Bitcoin’s true rival is US Treasuries, not gold appeared first on CryptoSlate.

Bitcoin’s potential as a store-of-value asset now extends beyond the gold market, according to Bitwise CEO Hunter Horsley. The post Forget Just Gold, Bitcoin Is Coming for $30T Bond Market Too: Bitwise CEO appeared first on Cryptonews.

Bitcoin does not just compete with gold as an alternative store of value, but all savings instruments, including government securities. Bitcoin's (BTC) total addressable market encompasses the $16 trillion gold market and the $30 trillion US Treasury market used as a store of value by individual bondholders and institutions, according to Hunter Horsley, the CEO of digital asset investment firm Bitwise. "The opportunity for Bitcoin isn't just gold; it is the $30 trillion-plus using Treasuries as a store of value," the CEO wrote on Friday. Horsley was responding to an earlier post from economist Mohamed El-Erian, in which the economist cautioned analysts that US Treasury flows are no longer a barometer for investor flight to safety. Read more

Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement is still in its early stages. Hougan made the statement during a June 10 interview on CNBC, where he highlighted that 79 listed firms now hold roughly $57 billion worth of Bitcoin as of […] The post Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys appeared first on CryptoSlate.

Trump’s tax cuts and soaring US debt fuel Bitcoin’s rise as a hedge against sovereign default risks, potentially pushing BTC price toward $200,000 or more by 2025. Key takeaways: Bitwise predicts Bitcoin could hit $200,000 by year-end, with a potential “fair value” of $230,000. Trump’s proposed tax cuts and rising US debt position Bitcoin as a hedge against sovereign default risks. Read more

ProShares Trust and Bitwise each filed preliminary prospectuses with the Securities and Exchange Commission (SEC) on June 6 for exchange-traded funds (ETF) designed to track Circle’s CRCL shares. The ProShares Ultra CRCL ETF is a 2x leveraged product that seeks to deliver twice the daily move in CRCL by utilizing swaps and other derivatives, as […] The post ProShares, Bitwise race to launch CRCL ETFs, targeting August debut amid stock price surge appeared first on CryptoSlate.

The SEC has postponed its decision on Bitwise’s and 21Shares Solana ETF staking proposal now due July 6, 2025, reflecting an approach to staking within regulated funds. More than 70 crypto ETFs—including SOL, XRP and DOGE products—have been queued as regulators scrutinize market risks. The post Bitwise and 21Shares Solana ETF Reviews Delayed as SEC Extends Decision Timeline appeared first on Cryptonews.

The US Securities and Exchange Commission (SEC) extended its review of two high-profile proposals for spot Solana (SOL) exchange-traded funds, signaling further delays in the approval process for crypto-linked investment products. The agency said it would begin a new round of proceedings to assess whether the ETF proposals from asset managers Bitwise and 21Shares comply […] The post SEC delays decision on Bitwise, 21Shares Solana ETF applications, opens public consultation appeared first on CryptoSlate.