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Bitwise CIO: The Era of Allocating Only 1% of Assets to Bitcoin Is Over
BlockBeats News, November 5th, Bitwise Chief Investment Officer Matt Hougan stated that the era of allocating only 1% of assets to Bitcoin has ended. Just as companies post-IPO are much less risky than early-stage startups, today's Bitcoin is much more mature and stable than it was a decade ago, with a more widespread ownership distribution. With institutional adoption and ETF trading, its volatility has greatly decreased, marking its evolution towards a mainstream asset. The path for Bitcoin to move from a $2.5 trillion market value to gold's $25 trillion market value may be achieved faster than many anticipated.
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