Matt Hougan

Matt Hougan says Bitcoin has become so mainstream that BlackRock discussing AI agents saving in $BTC no longer surprises anyone

"I spent much of the last month going to conferences, large wealth conferences, wirehouse conferences. And I will say the attitude has really shifted. Bitcoin has become really mainstream, right? You're no longer looked at in any way like the guy with horns on your head."

"You have Morgan Stanley launching ETFs, you have Wells Fargo putting Bitcoin into models. I suspect that that 2024 number will be eclipsed during this cycle pretty significantly in terms of inflows. I've never felt sort of the normalized feeling of Bitcoin as I have over the last month at these wealth platforms."

"It's really remarkable. BlackRock put out a note about AI agents using Bitcoin as a store of value, and no one blinked, right? I mean, that would have been like a fantasy dream. Think of that in 2022. Think of that in 2018. Completely absurd."

"You'd get excited if they muttered the word Bitcoin, even if it was followed by something like, is it worthless? Technological experiment? You'd be like, at least they said it. Now they're talking about AI agents saving in Bitcoin. It's really crazy."

In 2004, when gold ETFs launched, the entire gold market was ~$2.5 trillion.

In 2024, when bitcoin ETFs launched, the entire bitcoin market was roughly ~$2 trillion.

I did not have the IMF pumping tokenization on my 2026 bingo card.

NEW: 🗞️ "Bitcoin is right on schedule," says Bitwise CIO Matt Hougan.

Hougan cites #Bitcoin's annualized volatility falling from 66% (10yr) to 44% (1yr), as volatile as NVIDIA, less than Tesla.

"It's evolving from a speculative idea to a mature asset."

near:native is a special project run by a team of exceptional people.

@Matt_Hougan, @RasterlyRock, and myself break it down in our latest paper.

Love this. Wen BlackRock?

Glider spotted on stage with @jessepollak at TOKEN2049 Singapore 🇸🇬

@Bitwise x Glider ATPs are only getting started.

Terrific piece by @Matt_Hougan on how to think about bitcoin volatility in terms of:
-Gold's history,
-FAANG comparisons, and
-How to make it work for your portfolio.

gettingbitcoin.org/articles/bitco…

In today's Wall Street Journal, @Matt_Hougan:
A classic 60/40 portfolio of stocks and bonds has had an annualized volatility of about 9.8% since 2015. If you had moved 1% of the portfolio into bitcoin and rebalanced quarterly, your portfolio’s volatility would have barely risen to 10%, while annual returns would have risen by almost a full percentage point.

JUST IN: Bitwise CIO Matt Hougan releases "Bitcoin Is Right on Schedule" in The Wall Street Journal. 👀

The most bullish thing about bitcoin is that its volatility is declining. The bigger it gets, the lower the volatility, and the more investable it becomes for capital allocators.

From my piece today in The Wall Street Journal, titled "Bitcoin Is Right on Schedule."

Extraordinarily proud to be featured in the @NakamotoProjct series in The Wall Street Journal.

If you've ever been skeptical of bitcoin, please read my piece in the WSJ today:

partners.wsj.com/the-nakamoto-p…

I sat down with one of my favorite guests, Bitwise CIO @Matt_Hougan explains why "smart money" refuses to sell their Bitcoin right now and what wealth managers understand about this asset that everyday traders keep missing!

It feels like a case study from The Innovator's Dilemma.

Of 107 US ETFs launched in September, $NRR was top 10 in AUM gathered.

It launched on the penultimate business day of the month.

Up against monsters from State Street, BlackRock, T. Rowe, etc - the largest asset mgrs in the world.

Incredible community strength.

The Bitwise office in London is quite different from the NYC office, but there are some pleasant similarities.

This is the greatest thing ever.