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Bitcoin could grow to a $30 trillion asset by following gold's market expansion, says Bitwise CIO.

Market News
10 Oct 2026
Bitcoin
View Source
Bullish
Bitcoin could grow to a $30 trillion asset by following gold's market expansion, says Bitwise CIO.

Matt Hougan, CIO of Bitwise Asset Management, suggests Bitcoin could reach a $30 trillion market value by following a growth path similar to gold's expansion after its ETF launch. He highlights that institutional access via ETFs, which started in 2024 for Bitcoin, could drive demand and reduce available supply, pushing prices higher over a decade. Hougan warns that investor behavior, especially patience through market swings, is critical to realizing these gains. The comparison is based on gold's rise from a $2.5 trillion market cap in 2004 to about $30 trillion today, with Bitcoin currently around $2 trillion in market value.

Bitcoin trades at Rp1.482.743.550 on Pluang as of Oct 11, 2026, showing a 0.45% gain in the last day. Its market cap stands near Rp29.837,02 trillion, close to the $30 trillion milestone discussed. Pluang users hold Bitcoin for an average of 111 days, indicating steady investor interest.

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