Bitwise Chief Investment Officer Matt Hougan sees a bright future for Bitcoin, predicting it will surpass $100,000 by 2025. He attributes this bullish outlook to rising institutional adoption, increasing ETF flows, and the growing mainstream acceptance of cryptocurrency. Hougan highlights the importance of regulatory clarity, with Bitcoin enjoying a more favorable position compared to other digital assets. He also emphasizes the role of institutions like BlackRock in driving Bitcoin’s mainstream adoption.