Trillions in institutional money to flow into bitcoin, says Bitwise's Matt Hougan
The digital asset manager's CIO says large capital pools control up to $200 trillion globally, and just a 1% shift toward bitcoin could unlock massive long-term growth.
Source: CoinDesk
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DW NOTE
Hougan's $1.3 million target rests on a 1% allocation from institutions controlling $100–200 trillion. The arithmetic works. The premise doesn't. Pension funds in 2026 are managing duration risk and liability matching in a world where the Fed holds rates at 3.5–3.75% and inflation runs above target — not rotating into an asset that moved 60% in six weeks last year. Sovereign wealth funds follow mandates written by finance ministries that still classify bitcoin as speculative. The ETF wrapper made access easier; it did not make fiduciary committees braver.