Matt Hougan, Chief Investment Officer of Bitwise, announced that the practice of allocating only 1% of assets to Bitcoin is outdated. Hougan highlighted Bitcoin's maturation and stability, comparing it to post-IPO companies that are less risky than startups. He noted that Bitcoin's volatility has decreased due to institutional adoption and ETF trading, positioning it as a mainstream asset. Hougan suggested that Bitcoin's market capitalization could reach gold's $25 trillion faster than anticipated.
Bitwise CIO Declares End to 1% Bitcoin Allocation Era
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