Bitwise CIO sees crypto growing 10–20x in the next decade, citing SEC Chair’s $68 trillion onchain forecast

Bitwise Chief Investment Officer Matt Hougan expressed high conviction that the crypto market will expand 10 to 20 times over the next decade. This optimism is partly fueled by recent comments from SEC Chair Paul Atkins, who suggested that all U.S. equity markets, currently valued around $68 trillion, could move onchain within a few years, highlighting the massive potential scale shift for tokenization and stablecoins.

Despite this bullish outlook, Hougan admitted that it remains "unknowable" which specific blockchain networks will ultimately dominate, as outcomes depend on regulation, execution, macro conditions, and luck. Because of this deep uncertainty, Hougan advocates for an investment strategy centered on broad market exposure via a market-cap-weighted crypto index fund rather than making large directional bets on individual chains.

He warned that backing the wrong network could lead to underperformance even in a massively growing market, suggesting that index funds will become crucial by 2026 for capturing sector upside while mitigating the risk of picking the wrong long-term winner.

(Source：The Block)