Bitcoin Breaks $126K — Bitwise CIO Sees $1 Trillion Wave Coming

Matt Hougan, Bitwise’s Chief Investment Officer, posted a brief, bullish note on social media on Oct 6, 2025, writing “$1 trillion inbound….” Related Reading: All Eyes On Solana: $15-B Stablecoin Supply, ETF Demand Drive Next Leg Up Based on reports, that short message kicked off fresh coverage and debate about how large Bitcoin-focused funds could get if current trends ￰1￱ was trading near a fresh high at the time, which helped the comment spread ￰2￱ Around The Claim Bitcoin hit a new all-time high of $126,080 on Oct 7, ￰3￱ the same time, data cited by several outlets put global Bitcoin fund assets under management at about $200 ￰4￱ two figures were used by many market watchers to give the $1 trillion remark context: higher prices + rising fund flows = a much larger market for managed Bitcoin products. $1 trillion inbound…. ￰0￱ — Matt Hougan (@Matt_Hougan) October 6, 2025 Hougan’s post was not a detailed ￰5￱ was short and ￰6￱ to coverage, many crypto sites simply reposted the message and tied it to recent ETF inflows and renewed institutional ￰7￱ post did not include a timetable or the assumptions required to get from roughly $200 billion to $1 trillion, and the lack of detail left room for analysts to ￰8￱ Reactions And Caution Several mainstream outlets treated the remark as bullish but urged ￰9￱ and other outlets pointed out that institutional adoption is still limited when compared to traditional asset ￰10￱ to some analysts, getting to $1 trillion in Bitcoin fund AUM would mean a big, sustained shift by large investors such as pension plans and big wealth managers, not only short-term retail buying or a single strong month of ￰11￱ Math, Big Gaps If global fund AUM is about $200 billion now, reaching $1 trillion would mean a growth of five times that ￰12￱ implies adding roughly $800 billion in assets to crypto ￰13￱ are not small ￰14￱ would require consistent flows over many months or years, plus choices by big institutions to allocate meaningful portions of their portfolios to ￰15￱ Reading: 2%–4% In Crypto?

Morgan Stanley Thinks That’s The Smart Move Now What Needs To Happen Analysts say several things would have to happen for that scenario to play ￰16￱ on reports, regulators would need to stay predictable, more large money managers would have to offer and scale Bitcoin products, and major institutional investors would have to shift part of their capital toward these funds. Hougan’s short message has, at minimum, renewed a public conversation about how big Bitcoin investment products might ￰17￱ image from Wallpapers. com, chart from TradingView