Bitwise Sees Trillions Flowing Into Bitcoin Over Next Decade

Bitwise Asset Management has made a bold prediction that institutional investors could allocate up to $200 trillion into Bitcoin over the next decade. This influx of capital would drive Bitcoin's price to $1.3 million by 2035, according to Bitwise's projections.

The firm believes that adoption will be gradual, starting with wealth managers and progressing to pension funds and central banks. As Bitcoin becomes a global reserve asset, it is expected to experience reduced volatility and deeper liquidity.