Bitwise CIO: Bitcoin Expected to Mirror Gold's Trajectory, Market Cap Could Reach $30 Trillion
Source:
x.com
Bitwise Chief Investment Officer Matt Hougan noted in a post that when gold ETFs launched in 2004, the gold market size was approximately $2.5 trillion; when bitcoin ETFs launched in 2024, the bitcoin market size was similarly around $2 trillion, with both assets starting from comparable positions. Hougan believes bitcoin has the potential to replicate gold's growth path, easily reaching a market capitalization of $30 trillion.