Bitwise CIO predicts a 10 to 20 times growth in the cryptocurrency market over the next decade

According to The Block, Bitwise Chief Investment Officer Matt Hougan stated that with the proliferation of Bitcoin, stablecoins, and asset tokenization, the crypto market is expected to grow 10 to 20 times in the next decade. He cited SEC Chairman Paul Atkins' view that the entire U.S. stock market will be on-chain within a few years.

Currently, the total value of the U.S. stock market is about $68 trillion, while on-chain stocks are only about $670 million, indicating that the transformation is still in its early stages. Hougan emphasized not betting on a single public chain, preferring to hold crypto market index funds to mitigate risks.