Bitcoin Price Targeted at $1.3M by 2035 on Institutional Inflows

Bitwise CIO projects Bitcoin could hit $1.3M by 2035, citing that just 1% allocation of global institutional assets would inject $1-2 trillion into the market.

Woofun AI reports that Matt Hougan, CIO of Bitwise Asset Management, stated Bitcoin could reach $1.3 million by 2035, fueled by institutional capital. Hougan explained that global institutions oversee $100–200 trillion in assets; a mere 1% allocation to Bitcoin would generate $1–2 trillion in inflows. While retail investors expanded the market cap to $2 trillion, institutional participation is expected to drive further growth over the next decade.