Bitcoin ETFs hit $100B in year 1: Bitwise CIO talks 2025 growth
One year has passed since the SEC approved spot bitcoin ETFs, with these funds accumulating over $100 billion in total assets during their first year of trading. Bitwise Asset Management CIO Matt Hougan joins to discuss bitcoin's (BTC-USD) outlook for 2025. Bitwise operates several of its own bitcoin (BITB, BITC, BTOP) and crypto (BITQ, BITW) ETFs. "As we look into 2025, the number of tailwinds pushing this industry forward is just extraordinarily strong," Hougan explains, citing ETF inflows, the incoming Trump administration, institutional investments, and other factors. He notes that there are "too many long-term positives" driving the market. Discussing the incoming Trump administration, Hougan outlines several key steps for the first 100 days: securing confirmation for crypto-friendly nominees, halting regulatory "lawfare," and implementing enhanced stablecoin and market structure legislation. He suggests these actions could position the US as "the crypto capital of the world." To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Angel Smith