Bitwise Chief Investment Officer: Bitcoin is expected to replicate the path of gold ETFs, with a market value projected to reach $30 trillion within ten years

Bitwise Chief Investment Officer Matt Hougan recently stated in an interview that the market value of Bitcoin could rise to $30 trillion in the next decade, and its trajectory may resemble the long-term expansion seen after the launch of gold ETFs.

He compared two time points: when gold ETFs were introduced in 2004, the gold market was approximately $2.5 trillion; when Bitcoin spot ETFs are listed in 2024, Bitcoin's market value is around $2 trillion. Hougan believes that Bitcoin still has considerable long-term upside potential, and the real risk does not lie in the protocol layer or quantum computing, but in whether investors can navigate multiple bull and bear cycles and continue to hold.