# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DByzFQOtAGP
- **Gondola URL:** https://gondola.cc/posts/24516865-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/legacy-do/70ab6a660672c097219871734b118d5203b1323cf224371dfe9e920b9bfb40ae.jpg
- **Posted:** 2024-10-31T15:34:29.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

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.

## Stats

- **Views:** 0
- **Likes:** 17,488
- **Shares:** 0
- **Comments:** 148

## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Benzinga | News That Moves | @benzinga | https://gondola.cc/benzinga | Brand |
| Jacob Shipley | @okcmayor | https://gondola.cc/okcmayor | Director of Social Media |

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