Matt Hougan, Chief Investment Officer of Bitwise, suggests that Bitcoin's price could experience a significant surge similar to gold's 2025 trajectory. Hougan noted that Bitcoin ETFs, since their inception in January 2024, have been absorbing over 100% of the new supply. This persistent demand, if maintained, could lead to a dramatic price increase once long-term selling pressure diminishes, akin to gold's 65% rise in 2025 following increased central bank purchases in 2022.