Bitwise CEO Hunter Horsley has underscored Bitcoin's long-term growth potential, highlighting the expanding institutional access as a key factor. Despite recent price fluctuations, Horsley pointed out that Bitcoin's market cap of $1.9 trillion remains small compared to traditional asset classes such as equities and real estate, valued at $120 trillion and $250 trillion, respectively.
Horsley emphasized that the introduction of spot Bitcoin ETFs is a significant development, allowing large capital pools, including pensions and sovereign wealth funds, to invest in Bitcoin. This increased institutional participation is expected to enhance liquidity and drive long-term adoption of the cryptocurrency.
Bitwise CEO Sees Institutional Access Boosting Bitcoin's Long-Term Growth
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