Bitwise CIO: The era of allocating only 1% of assets to Bitcoin is over.

On November 5, Bitwise Chief Investment Officer Matt Hougan stated that the era of allocating only 1% of assets to Bitcoin is over. Just as companies after an IPO are much less risky than startups, today's Bitcoin is much more mature and stable than it was ten years ago, with a broader distribution of ownership. With institutional adoption and ETF trading, its Fluctuation has significantly decreased, marking its evolution into a mainstream asset. The path for Bitcoin to move from a market capitalization of $2.5 trillion toward gold's $25 trillion market capitalization may be realized faster than many expect.

BTC-0.08%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)