Close Menu
  • Home
  • News
  • Bitcoin
  • Cardano
  • XRP
  • IOTA
  • All posts
What's Hot

VeChain (VET) Transitions from ‘Sleepy’ Status as Demand Loop and Real-World Applications Surge

Jun. 2, 2025

VeChain Introduces StarGate with $15 Million in VTHO Incentives—Optimize Your Rewards

May. 28, 2025

VeChain’s Pioneering Role in Real-World Blockchain: Insights from Sunny Lu

May. 28, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Digi Coin BlazeDigi Coin Blaze
Subscribe
  • Home
  • News
  • Bitcoin
  • Cardano
  • XRP
  • IOTA
  • All posts
Digi Coin BlazeDigi Coin Blaze
Home » Bitwise Predicts $1 Trillion Inflows as Bitcoin’s Popularity Soars: $150,000 BTC Price Assured in Thriving Bull Market
Bitcoin

Bitwise Predicts $1 Trillion Inflows as Bitcoin’s Popularity Soars: $150,000 BTC Price Assured in Thriving Bull Market

By adminMar. 31, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitwise Predicts $1 Trillion Inflows as Bitcoin's Popularity Soars: $150,000 BTC Price Assured in Thriving Bull Market
Bitwise Predicts $1 Trillion Inflows as Bitcoin's Popularity Soars: $150,000 BTC Price Assured in Thriving Bull Market
Share
Facebook Twitter LinkedIn Pinterest Email

In a recent note to investors, Bitwise Chief Investment Officer Matthew Hougan predicts that institutional investors will invest over $1 trillion in cryptocurrencies through ETFs, driving Bitcoin to new heights. Despite the volatility of BTC, Hougan advises investors to remain calm and take a long-term perspective, as he believes that the current wave of institutional interest will push Bitcoin to $150,000 during the current bull run.

Hougan views the current inflow into Bitcoin ETFs by institutional investors as just the beginning, with only 1% of the expected total allocation. According to data from Farside, Bitcoin ETFs have already attracted over $26 billion since their launch in mid-January. BlackRock leads the race with $14 billion, followed by Fidelity with inflows of over $7.5 billion. Ark and Bitwise have attracted $2.3 billion and $1.6 billion respectively.

This influx of institutional money is believed to have contributed to Bitcoin reaching new highs of nearly $74,000 two months ago. However, Hougan, an expert in ETFs, believes that there is still much more money to come. In his note to investors, he explains the current state of the crypto ETF market and why he believes that the majority of the expected funds have yet to flow into Bitcoin.

Hougan, who previously served as CEO of ETF.com, acknowledges that BTC is currently experiencing short-term volatility and may be influenced by the halving event on April 20. However, he suggests that the approval of Bitcoin ETFs by major US players such as Morgan Stanley, Goldman Sachs, and Wells Fargo for their wealthy clients could be a game changer.

Hougan emphasizes that despite short-term fluctuations, Bitcoin is in a long-term bullish market. It has already seen a 300% increase in value over the past 15 months, and there are strong indications that this upward trend will continue.

The approval of ETFs in January was a significant milestone for Bitcoin, allowing sophisticated investors to include the cryptocurrency in their portfolios. Hougan points out that these institutional investors collectively control trillions of dollars, with an estimated total of at least $100 trillion. While it may take several years for a portion of this money to flow into Bitcoin, Hougan suggests that even a 1% allocation by global wealth managers could result in approximately $1 trillion of inflows into the space.

With institutional inflows of $26 billion already pushing BTC from $46,000 on January 12 to a new all-time high of over $73,680 this month, Hougan believes that $1 trillion of investment could push Bitcoin to even greater heights, potentially doubling its value and beyond.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

$107K BTC – Breakout or Bull Trap? Five Key Insights for This Week

May. 19, 2025

Bitcoin News: Metaplanet Acquires 1,004 BTC in Its Second-Largest Purchase to Date

May. 19, 2025

Top 3 Cryptocurrencies Under Pressure: Weak Momentum Raises Concerns About BTC, ETH, and XRP Rally

May. 19, 2025
Leave A Reply Cancel Reply

Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss

VeChain (VET) Transitions from ‘Sleepy’ Status as Demand Loop and Real-World Applications Surge

News Jun. 2, 2025

VeChain (VET) is moving beyond its old image as a passive blockchain project.The network is gaining…

VeChain Introduces StarGate with $15 Million in VTHO Incentives—Optimize Your Rewards

May. 28, 2025

VeChain’s Pioneering Role in Real-World Blockchain: Insights from Sunny Lu

May. 28, 2025

IOTA Launches Korean Community Campaign Offering Substantial 320,000 MIOTA Rewards

May. 19, 2025
About Us
About Us

Digi Coin Blaze is your go-to platform for exploring the latest cryptocurrency news, in-depth analysis, and market trends. We are committed to providing comprehensive digital currency information to help you seize investment opportunities.

Featured Articles

VeChain (VET) Transitions from ‘Sleepy’ Status as Demand Loop and Real-World Applications Surge

Jun. 2, 2025

VeChain Introduces StarGate with $15 Million in VTHO Incentives—Optimize Your Rewards

May. 28, 2025

VeChain’s Pioneering Role in Real-World Blockchain: Insights from Sunny Lu

May. 28, 2025
Most Popular
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • News
    • Bitcoin
    • Cardano
    • XRP
    • IOTA
    • All posts
    © 2025 Digi Coin Blaze All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.