Bitwise, a leading spot Bitcoin (CRYPTO:BTC) ETF issuer, foresees significant developments leading up to the 2028 halving, including a 50% reduction in Bitcoin volatility due to institutional investment via ETFs.
Chief Investment Officer Matt Hougan suggests that Bitcoin allocations in target-date portfolios could exceed 5%, driven by increasing comfort among financial advisors with cryptocurrency.
Bitwise anticipates substantial growth in ETF flows, estimating over $200 billion in net flows by 2028, buoyed by wider availability and institutional interest.
They speculate that central banks may diversify reserves by including Bitcoin, potentially altering the global financial landscape.
Lastly, Bitwise predicts Bitcoin's price to surpass $250,000, supported by factors like reduced volatility, clearer regulations, and broader institutional adoption.