Matt Hogan, chief investment officer at Bitwise, shared one of his strongest beliefs about the long-term potential of the crypto market, stating that it could easily grow 10-20 times over the next 10 years. Hogan’s assessment is included in a comprehensive memo to investors.
Bitwise CIO makes a surprising prediction: “The crypto market could grow 10-20 times over the next 10 years.”
In a statement, Hogan recalled comments made by Securities and Exchange Commission Chairman Paul Atkins last week.
Atkins predicted that all U.S. stock markets will move to blockchain within a few years, highlighting the scale of this transformation. Hogan pointed out that there is currently only $670 million worth of tokenized stocks compared to the roughly $68 trillion stock market, a difference that shows the transformation is still in its early stages.
According to Hougan, the future will be a time when stablecoins, tokenization, Bitcoin, and many new use cases from prediction markets to privacy technologies will become more important.
However, Hogan emphasized that it is currently impossible to predict which blockchain network will become dominant in the long term. He said the outcome could be influenced by regulations, macroeconomic conditions, technological advances and even luck, and those who speak with confidence are “deceiving themselves.”
This uncertainty also impacts Bitwise CIO’s investment strategy. Hogan said he prefers market-capitalization-weighted index funds, which reflect the overall market, rather than taking large risks. Hogan explained that he makes small investments in individual networks, with index investments forming the core of his portfolio.
Hogan predicted that 2026 will be a key inflection point for index funds as the crypto ecosystem rapidly diversifies and offers investors ample return potential amid uncertainty.
*This is not investment advice.
