Matt Hougan
@Matt_Hougan
CIO @Bitwise. Co-founder @FutureProof_HQ. Previously CEO @ETFcom. Husband, father, & runner (when I find time).
562 Following 103.9K Followers
What do J. P. Morgan, Jay Gould, and @teddyfuse all have in common?
This is a huge opportunity for financial advisors.
In-kind transactions into bitcoin ETFs are exploding in popularity.
@teddyfuse gives 8 reasons why. (No. 4 is particularly relevant before year-end.)
"The only scenario where Bitcoin doesn't win in that world is where we have a sharp recession and no government response to it," @Matt_Hougan on how AI could impact Bitcoin
Bitwise CIO Matt Hougan's $1.6M $BTC thesis: the store-of-value market grows to $90T in 10 years, and $BTC takes 25% of it
"How big do you think the store of value market is right now? That's about a $30 trillion market, if you count Bitcoin and gold as the primary pieces of that."
"That market's been growing 13% a year for the last 20 years. We think that growth will continue."
"That means in a decade, the store of value market, if it just continues the growth that's been on, not if it accelerates, ends up at a $90 trillion market."
"If it's a $90 trillion market, Bitcoin needs to take a quarter of that market to be worth $1.6 million. It's currently at 5% of that market."
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Unchained | Bits + Bips Livestream
A 3.7% inflation print, the Binance hack, an election tsunami. @matt_hougan says none of it has shaken crypto.
He tells @laurashin where he thinks we are in the market, live at 4:10pm ET.
Join us live on our platform: X -
Youtube -
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With Democrats taking control of Congress, I think @JBSDC is one of the more important follows atm. Perfect background for this moment in history.
This. The Dem economic and oversight staff honestly believes a major way you can lower prices is oversight on corporate America.
You can laugh at it all you want. But they DO believe it and have the gavels.
Folks need to break out of their information bubbles.
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When you strip away all the macro threads, cycle theories, the 420 page slide decks, this is the only thing that actually matters
1) The DeFi Winners Portfolio
For the best exposure to the many sectors in DeFi, here are my top picks
The leader in each category:
not by ecosystem
not by hype
but by numbers and nothing else
The charts below explain what's behind it. Take a look 🧵👇
[not investment advice]
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Accurate. I’d say baseline expectation should be that crypto is back in the “viewed skeptically but not widely with hostility” view that most Dems in Congress had in 2021-2022.
Folks have two years to make inroads and build bridges with Dems. After 2028, who knows what happens.
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Crypto is showing incredible signs of maturity here. Assets that are directly impacted by election results are getting hammered ($TRUMP, $WLFI, AI-linked miners), while assets that are not ($BTC, $ETH, $SOL, etc.) are doing fine.
A few years ago, people treated crypto as one big hot ball of money. Those days appear to be over. Remarkable.
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It's a relief rally because the election worked: No fighting, no drawn out legal battles.
@teddyfuse Prediction: The em dash will come back into retro vogue, like vinyl records and manual typewriters. Target ~2028.
@teddyfuse Prediction: The em dash will come back into retro vogue, like vinyl records and manual typewriters. Target ~2028.
There are no sellers left in crypto.
* 3.7% inflation print >> Doesn't matter
* AI bubble bursting >> Doesn't matter
* Binance hack >> Doesn't matter
* Election tsunami >> Doesn't matter
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Absolutely. Traditional media outlets are to prediction markets as print newspapers were to web sites.
This is my take too. Big win for prediction markets tonight.
It’s kinda funny how the internet doesn’t really work on Election Day.
Nothing stops this train. In fact, it’s accelerating.
The midterms won’t give us a party I trust with money. I expect more borrowing and money creation either way. I value Bitcoin’s fixed supply because politicians don’t control it.
Today's Wolf Den is free:
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People write off crypto projects that aren’t yet focused on value capture, not realizing that can change over time.
Some of the best returns of the last year have been in projects moving up the value capture framework.
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@tulipking step 1 - win
step 2 - profit
No one owns enough cybersecurity stocks.
Mert shares his strategy when hacks are up only
Threadguy : “What do you want to own in a scenario where hacks are up only?
Mert: “When AI first came out in 2023-2024, that is the first thing I did, which is I just loaded up on Cyber-Security stocks”
“The particular one that I did was Palo Alto Networks, which has done very well since then, I was like okay this is not going to fail me, I know this is going to work”
“So i think that could be interesting”
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