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Anthropic IPO could trigger major crypto investment shift, says Bitwise's Matt Hougan.

Market News
02 Nov 2026, 23:27 WIB
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Neutral
Anthropic IPO could trigger major crypto investment shift, says Bitwise's Matt Hougan.

Bitwise CIO Matt Hougan predicts that the upcoming Anthropic IPO could lead to a significant influx of capital into the cryptocurrency market, particularly toward tokenization and stablecoins. While the IPO might initially draw funds away from Bitcoin and Coinbase, the long-term effect could be positive as early investors gain liquidity and potentially reinvest in crypto. This scenario mirrors the SpaceX IPO, which initially caused a Bitcoin dip before a strong rally. Investors will watch Coinbase's stablecoin balances and Bitcoin ETF inflows post-IPO for signs of capital flow between AI and crypto sectors.

Following the anticipation around the Anthropic IPO and its potential impact on crypto markets, Coinbase Global shares are currently priced at USD 137.57 on Pluang, down 4.00% as of Nov 03, 2026 04:42 WIB. Despite this dip, Pluang users show a strong buying interest with 74% of order activity favoring buys, and the typical hold time for COIN is 80 days, indicating a medium-term investment perspective among Pluang investors.

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