Bitwise Chief Investment Officer Matt Hougan on Wednesday expressed optimism about Bitcoin’s future, predicting it could surpass the $100,000 mark in 2025. In an interview, Hougan cited rising institutional adoption and increasing ETF flows as primary catalysts. “We’re going to six-figure Bitcoin,” Hougan stated, adding, “Crypto has moved from the niche to the mainstream. You have 60% of the largest hedge funds allocating.” “Bitcoin has a regulatory burden that’s much lighter than Ethereum and other assets. The SEC and CFTC have already declared it a commodity,” he said. He highlighted the importance of institutions like BlackRock embracing Bitcoin, which he believes signals mainstream financial acceptance of the asset.