Bitcoin Is a Big Idea Whose Time Has Come: Bitwise CEO

cryptonews.net 27/03/2025 - 16:09 PM

Hunter Horsley, CEO of $12 Billion Asset Manager Bitwise, Talks Up Bitcoin

Hunter Horsley, the CEO of $12 billion asset manager Bitwise, is promoting Bitcoin once again.

In an X post on Wednesday, March 26, Horsley asserted that Bitcoin is a “big idea whose time has come.” This statement echoes the famous quote by Victor Hugo: “No power on earth can stop an idea whose time has come.” It suggests that when the timing is right for an idea, nothing can prevent it from becoming a reality.

In essence, Horsley implies that Bitcoin is now unstoppable. This is just the latest in a series of optimistic comments he has made about the cryptocurrency in recent months.

> “Bitcoin is a big idea whose time has come”
> — Hunter Horsley (@HHorsley) March 26, 2025

In February, Horsley stated that 2025 would be the year of Bitcoin’s mainstream adoption, referencing JPMorgan’s inclusion of the asset in its quarterly ETF report. The report highlighted a surge in funds flowing into digital assets, particularly with the launch of spot Bitcoin ETFs in 2024.

Bitcoin on Fast Track to Mainstream Adoption

Horsley’s remarks come at a time when Bitcoin seems to be on the fast track to mainstream acceptance. Recently, U.S. President Donald Trump designated Bitcoin as a strategic reserve asset in the U.S. This decision, according to Bitwise’s CIO Matt Hougan, could encourage other nations to follow suit, improving the institutional perception of the asset.

Institutions have been increasingly investing in Bitcoin, evident from significant inflows into spot Bitcoin ETFs over the past year, which have seen net inflows exceeding $36 billion as of this writing.

Additionally, corporations, led by Strategy (formerly MicroStrategy), are beginning to adopt Bitcoin treasury strategies. Video game retailer GameStop is the latest to announce plans to raise up to $1.3 billion to acquire Bitcoin.

Given these developments, Bitwise has set a price target of $200,000 per Bitcoin for 2025, indicating a potential 130% increase from its current price of $87,000.




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