CIO Matt Hougan’s $6.5M Bitcoin Call: 'Long Term Investors Will Be Rewarded'

Bitwise Chief Investment Officer, Matt Hougan joins CoinDesk’s Markets Outlook with Jennifer Sanasie and Andy Baehr. He explains why he believes 2025 was a bear market and where he sees markets going from here. Hougan breaks down why central banks are eyeing bitcoin as a superior self-custody tool to gold, Bitwise’s on-chain yield vaults, and why he's betting on Solana as the challenger to Ethereum's dominance. With President Trump tapping Kevin Warsh for Fed Chair, Hougan weighs in on what this means for crypto. Notably, Warsh is listed as an investor and advisor on Bitwise’s website. - Timecodes: 0:53 - Why Are Markets Down Today? 3:13 - Precious Metals vs. Bitcoin 7:05 - Why the Crypto ETF Genie is Already Out of the Bottle 9:15 - Bitwise’s On-Chain Yield and DeFi Vaults 13:22 -What Central Banks Are Asking Bitwise About Bitcoin 17:44 - How Matt Hougan Thinks BTC Gets to $6.5 Million in 20 Years 19:15 - Beyond BTC and ETH: Matt Hougan’s Case for Altcoins 21:00 - Solana vs. Ethereum: The Battle for Wall Street 24:20 - What Impact Would Trump’s Fed Reserve Chair Nominee, Kevin Warsh, Have on Crypto? - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE