Bitcoin enthusiasts are buzzing after Matt Hougan, Chief Investment Officer of Bitwise, predicted a six-figure price for Bitcoin by 2025. He cites factors like the recent halving event, potential spot Bitcoin ETFs, and Federal Reserve rate cuts as bullish catalysts for the leading cryptocurrency. This optimistic outlook comes amid growing institutional interest in Bitcoin and strong price action in the market.
Results for: Bitwise
Cryptocurrency index fund manager Bitwise Asset Management has filed for an XRP ETF, potentially opening up a new avenue for investors to access the digital asset in the US market. The filing follows the SEC’s approval of several Bitcoin and Ethereum ETFs earlier this year.