Bitcoin To $200,000 In 2025 Is Still In Play, Bitwise’s Matt Hougan Says
Posted On October 8, 2025
Bitwise Chief Investment Officer Matt Hougan points to growing institutional concern over fiat currency debasement and robust inflows into Bitcoin ETFs as key drivers behind Bitcoin’s surge to new all-time highs.
What Happened: In a CoinDesk interview on Tuesday, Hougan said he expects ETF inflows could reach $10–$20 billion in Q4 alone.
Hougan also reaffirmed his year-end target of $200,000 for Bitcoin (CRYPTO: BTC), contingent on continued ETF activity and adoption by corporate or government entities.
While Bitcoin remains a primary market driver, he noted that other assets, such as Ethereum (CRYPTO: ETH), …
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