Podcast appearances and mentions of matt hougan

Bitcoin tanked to $64,000 after Kevin Warsh's first FOMC turned full hawkish — the median dot plot now sees a 2026 rate HIKE, October hike odds jumped to 60%, and Bitcoin/Ether ETFs swung back to outflows ($111M combined, with BlackRock's IBIT bleeding $31M). But the on-chain picture is bullish: Bitcoin whales (1,000+ BTC addresses) just reversed months of selling and now control the highest BTC supply since March, absorbing 125,000 BTC in the first half of June. Add Strategy's STRC preferred stock hitting a record low (freezing Saylor's main BTC-buying engine), whale-sized 1,750 BTC put hedges at the $62K strike flashing weekend caution, Bitwise's Matt Hougan still calling for $1 million Bitcoin within 10 years, and the SEC scrapping the trade-through rule (clearing the runway for tokenized stocks) — and today's setup is the most confusing tape of the cycle. We break down whether the whale accumulation signals the bottom is in, what Warsh's hawkish pivot means for 2026, and whether the $62K weekend put hedge is the warning everyone's missing. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin just crashed below $62,000 as crypto markets have officially erased over $2 trillion from their October 2025 peak — a 48% drawdown — while $1.5 billion in leveraged longs got wiped out and Bitcoin ETFs extended their outflow streak to 12 consecutive days, totaling $4 billion in the longest stretch of withdrawals in ETF history. Add Treasury Secretary Scott Bessent confirming the U.S. will NOT buy Bitcoin on the open market (the Strategic Reserve grows only at "deliberate speed" through confiscations), Sanders, Warren, and Bobby Scott moving to block Trump's plan to add crypto to 401(k) retirement accounts, Bitwise estimating Bitcoin's "fair value" at $224,000, Visa and Mastercard reportedly joining forces with Coinbase and Stripe on a new stablecoin platform, and BitMine filing a $300M preferred stock raise to stack ETH (copying Saylor's STRC playbook) — and today's setup is the most fragile crypto has looked all cycle. We break down what's driving the historic ETF bleed, whether the sovereign-bid bull case is officially dead, and what catalysts could stop Bitcoin from cracking $60K before the weekend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt Hougan is the Chief Investment Officer at Bitwise Asset Management — one of eleven spot Bitcoin ETF issuers, managing over $10 billion. When family offices, RIAs, and pension consultants size their Bitcoin allocation, his is the analysis they read. This is the institutional case for Bitcoin in plain language: Bitcoin as two investments at once (digital gold plus a call option on becoming the world's apolitical currency), the math behind his $1.4 million by 2035 call, and why he thinks Bitcoin is about to repeat the supply shock that just took gold parabolic. If you've been trying to explain Bitcoin to the most sophisticated person in your life — send them this. We discuss: Bitcoin as two investments in one — store of value + call option on currency status The kinetic vs. monetary chaos lenses, and why both push Bitcoin up Why Harvard's endowment quietly went BTC + gold as their two largest 13F positions The $36 billion first-year ETF launch — 6× the previous all-time record Why Matt's personal price target is $1.4 million by 2035 The gold supply shock parallel — and why Matt thinks Bitcoin is next Quantum computing — manageable upgrade problem or existential threat? Three ways to pitch Bitcoin to three different kinds of institutional allocator Why generational change is the biggest underrated catalyst in the space Subscribe so you never miss an episode.

Crypto's old leaders are struggling, but new winners are breaking out. Ryan and David unpack the rise of HYPE, Zcash, and Venice, the macro bear fuel markets are ignoring, the EF talent exodus, and why David selling his last ETH may mark a new era for Ethereum and Bankless. ---

Join Alex Tapscott as he decodes the world of crypto with special guest Matt Hougan, Chief Investment Officer of Bitwise Asset Management. Listen in as they discuss why crypto adoption among financial advisors is accelerating, how Bitcoin ETFs have opened the door for mainstream portfolio allocations, and why advisor personal ownership often comes before client allocations. They also explore the growing disconnect between crypto fundamentals and price action, why stablecoins and tokenization are becoming the key institutional narratives, how the CLARITY Act could unlock the next wave of adoption, and why investors may increasingly look at crypto assets and crypto equities together as complementary ways to gain exposure to the digital asset economy.

Markets are ripping back to all-time highs, but crypto still isn't following suit. Ryan and David break down the V-shaped recovery driven by Iran de-escalation, why Bitcoin is still stuck in range, and the growing bull vs bear divide across macro and onchain data. They also unpack Saylor's STRC “money printer,” the World Liberty DeFi controversy, and the SEC's surprise ruling that just gave DeFi a major win. Plus: the Bitcoin community's plan to freeze Satoshi's coins and what it means for the future of the network. ---

BTC's $1M prospects and Bitwise's Avalanche ETF with Matt Hougan. In today's Markets Outlook, Bitwise CIO Matt Hougan joins CoinDesk's Jennifer Sanasie to make the case for $1 million bitcoin, breaking down why institutional demand is still just getting started and how global geopolitical chaos is actually accelerating crypto's rise as an apolitical currency. He also unpacks Bitwise's new Avalanche ETF (BAVA), what investors need to know about staking ETFs, and why Hyperliquid is forcing institutional players to rethink weekend trading. - Timecodes: 00:00 - Bitwise's Matt Hougan Joins Markets Outlook01:13 - Do We Need Another Bitcoin ETF?05:53 - Matt's Take on the Quantum Threat to Bitcoin07:30 - Geopolitical Chaos Is a Catalyst for Bitcoin12:16 - What It Will Take to Reach $1M Bitcoin13:28 - Bitwise's Avalanche ETF (BAVA)16:15 - What Investors Need to Know About Staking ETFs17:36 - Why HYPE is Appealing to Investors 19:16 - What Happens if Bitcoin Breaks $75,000? - This episode was hosted by Jennifer Sanasie.

BTC's $1M prospects and Bitwise's Avalanche ETF with Matt Hougan. In today's Markets Outlook, Bitwise CIO Matt Hougan joins CoinDesk's Jennifer Sanasie to make the case for $1 million bitcoin, breaking down why institutional demand is still just getting started and how global geopolitical chaos is actually accelerating crypto's rise as an apolitical currency. He also unpacks Bitwise's new Avalanche ETF (BAVA), what investors need to know about staking ETFs, and why Hyperliquid is forcing institutional players to rethink weekend trading. - Timecodes: 00:00 - Bitwise's Matt Hougan Joins Markets Outlook01:13 - Do We Need Another Bitcoin ETF?05:53 - Matt's Take on the Quantum Threat to Bitcoin07:30 - Geopolitical Chaos Is a Catalyst for Bitcoin12:16 - What It Will Take to Reach $1M Bitcoin13:28 - Bitwise's Avalanche ETF (BAVA)16:15 - What Investors Need to Know About Staking ETFs17:36 - Why HYPE is Appealing to Investors 19:16 - What Happens if Bitcoin Breaks $75,000? - This episode was hosted by Jennifer Sanasie.

In this episode of the Bitcoin for Corporations Show, host Pierre Rochard sits down with Matt Hougan, Chief Investment Officer at Bitwise, to discuss the monumental shift in how Wall Street views Bitcoin. From the 11-year battle for an ETF to the current integration of Bitcoin into the infrastructure of major wirehouses and banks, Matt explains why the "pitch" for Bitcoin has become infinitely easier. Whether you're an institutional treasurer or a retail investor, this conversation provides a deep dive into why "Wall Street has woken up" to the reality of Bitcoin as a superior financial technology.Chapters: 01:21 – Matt Hougan's Origin Story and Joining Bitwise04:15 – Overcoming Regulatory and Institutional Friction09:00 – The Bitwise Philosophy: Active vs. Passive Crypto Investing15:30 – The Strength of Institutional Infrastructure (CME & ETFs)23:00 – The "Steakhouse" Education: How Institutions are Adopting30:30 – In-Kind Transfers and ETF Mechanics34:00 – Investor Sentiment and the "Absolute Bottom" Trap38:15 – Macro Risks: Private Credit and Government Spending46:00 – The Future of Bitwise: Towards a Generational TrendDISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

#Bitcoin #Crypto #Finance Bitcoin is sending mixed signals as institutional demand surges while whales continue to sell, creating one of the most important market setups of the year. With hundreds of millions flowing into Bitcoin ETFs despite price weakness, many are asking whether this is a sign of smart money accumulating—or a warning of further downside. In today's livestream, I'm joined by Matt Hougan to break down what's really happening beneath the surface, from ETF flows and whale activity to macro conditions and the evolving role of institutions in crypto. Is this the great transfer of Bitcoin—or the start of something bigger?

In today's episode of the Milk Road Show, we sit down with Matt Hougan and Ryan Rasmussen from Bitwise to break down the real forces driving the crypto market right now, and why institutional demand could be the key to Bitcoin's next move. Despite bearish sentiment across crypto, institutions are quietly accumulating. From ETF inflows to regulatory developments and macro shifts, there are three critical signals that could push Bitcoin toward the $95K level in 2026.~~~~~⁠⁠⁠⁠⁠⁠⁠⁠⁠

We examine the proposed Clarity Act and its impact on stablecoin yields and crypto finance. Ryan and David discuss geopolitical tensions in Iran and their effects on global markets.  Highlights include Tom Lee's ETH staking venture, the NYSE's stock tokenization, and emerging quantum computing developments. We also touch on Coinbase's stock dip, Tether's auditing, and Fannie Mae's acceptance of crypto as collateral. ---

In today's episode, Bitwise CIO Matt Hougan and Ryan Rasmussen break down why Bitcoin is barely reacting to war, oil shocks, and macro chaos, and what that tells us about where the market is headed next. There's one key date coming up that could flip everything: April 15 (U.S. tax day). If they're right, crypto could stay weak until then… before making a major move higher.~~~~~⁠⁠⁠⁠

Is $1 million Bitcoin actually realistic? Or is it just another crypto fantasy?In this episode of the Milk Road Show, Bitwise CIO Matt Hougan explains why the path to $1M BTC may be far more realistic than most investors think. Instead of assuming Bitcoin needs to replace gold, Hougan breaks down the math showing that Bitcoin could reach $1 million simply by capturing a portion of the rapidly expanding global store-of-value market.~~~~~⁠⁠⁠⁠⁠⁠⁠⁠⚡ Wealth is evolving, use Nexo to earn, borrow, and trade crypto all in one secure platform.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

In this first episode of Inflection Point, we explore the accelerating convergence between traditional finance and crypto as institutional adoption begins reshaping the foundations of global financial infrastructure. The conversation examines ETFs, DeFi innovation, market structure shifts, institutional flows, and how evolving investor behavior is changing Bitcoin and digital asset markets. Along the way, we discuss regulation, credit markets, technology limitations, and the broader implications of finance moving onchain. Enjoy! — Inflection Point: Apple

Crypto markets may be emerging from a months-long downturn,  the recent drawdown could mark the end of this latest crypto winter.~This Episode is Sponsored By Coinbase~Buy $50 & Get $50 for getting started on Coinbase➜ https://bit.ly/coinbasePBNGuest: Matt Hougan, CIO at Bitwise Asset ManagementBitwise Crypto Funds ➜ https://bit.ly/BitwiseCrypto00:00 Intro00:10 Sponsor: Coinbase01:00 Over the weekend05:00 Hyperliquid outperformed05:30 Private Market exposure07:30 Private market allocation08:15 Boomers are back?09:30 Trump Slams Banks10:50 Bitwise Bottom signal?12:00 Tom Lee: There has been a position reset13:00 Crypto reaction to news14:00 Rate cut odds15:40 Arthur Hayes: Money printer coming18:00 Kraken becomes a bank20:00 Do the banks fight bank?21:30 Traditional Altseason is dead?22:40 LIGHTNING ROUND#Crypto #Bitcoin #Ethereum~Crypto Rotation Begins?

Matt Hougan, chief investment officer at Bitwise Asset Management, says that the last six months of falling prices for Bitcoin and Ethereum represent a "normal crypto winter," the kind of downturn you see every few years, which typically lasts no longer than 11 months. He thinks the market is nearing the bottom of the cycle now, though he warns there could be more damage before any turnaround, especially with a market facing a lot of idiosyncratic events; still, he believes both crypto and global equity markets are poised for better days ahead. Hougan notes that cryptocurrency started as a "100% speculation" is evolving to where it truly becomes "as normal as gold," making it so solid that it's not really speculation at all; he says Bitcoin is roughly half way into that transition now. Long-term technical trader Mick Heyman, founder of Heyman Investment Counseling and author of "Mellow Your Money," sees the potential for the market to suffer a "shock event" — a one- or two-day decline of 10 to 15% — and a lot of volatility for the rest of this year, but he generally expects the market to push through that decline, which could get the Standard & Poor's 500 down to the 6,000 level, and then climb back higher. Heyman is not suggesting that investors trade out of the market to wait out the downturn; instead, he suggests diversifying and rebalancing, noting that "This is not a time to bet on energy or defense ...  This is not a time to bet for or against the Mag 7. ... This is a time to be sure you can handle that 10 or 15% drop." Plus, leading personal finance journalist Andrea Coombes discusses the end of the popular Direct File program from the IRS and how that is leaving consumers scrambling for free tax-filing help this year and where they can turn for help and red flags to watch for in the process.

While retail investors panic over volatility, institutions are quietly buying the dip. In this conversation, Matt Hogan breaks down why financial advisors, wirehouses, and major institutions are steadily allocating to Bitcoin, how the institutional adoption process actually unfolds over years (not weeks), and why this bear market feels fundamentally different from 2018 or 2022. We dive into the real valuation debate around Ethereum and Solana, why stablecoins and tokenization are the true institutional obsession right now, what BlackRock's move into Uniswap signals for DeFi, and whether a diversified, index-style approach may ultimately outperform trying to pick winners. Institutions already assume Bitcoin will be here in 10 years and that everything will be tokenized — the only question they're debating now is where the value accrues and whether this dip is an opportunity rather than a warning.

In this episode of The Milk Road Show, Matt Hougan and Ryan Rasmussen break down why institutions are turning bullish, how stablecoins are reshaping global finance, and why the current bear market could be setting up the next major crypto rally. Despite negative sentiment, outflows, and fears around AI disruption and regulation, adoption continues to accelerate. From BlackRock's push into tokenization to Big Tech exploring stablecoin payments, the gap between crypto fundamentals and price action may be the largest it's ever been. That disconnect, Bitwise argues, is exactly where long-term opportunities are born.~~~~~⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Matt Hougan, CIO of Bitwise, breaks down why we're still in a crypto winter, the truth about central bank gold buying, and why Bitcoin's revenue problem doesn't matter… yet. We dive into the Kevin Warsh Fed era, quantum risks, and the rise of AI agents. Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technical discussions, investor talks, and intimate conversation with the brightest minds in Bitcoin. Matt Hougan, CIO of Bitwise, joins us to talk about the current state of the crypto winter and when the bottom is finally in. We explore the digital gold narrative, explaining why central bank buying—not debasement—drove gold's recent surge. Matt details the institutional vs. retail divide, the impact of Fed Chair Kevin Warsh, and the looming debate over Bitcoin's security budget. Plus, we tackle the quantum discount and how AI agents could 1000x on-chain activity. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: * Altcoins like Sui and Aptos fell 70%+ in 2025. * Institutions might end the winter by Q2 2026. * BTC volatility capped at 50-60% drawdowns. * Gold price surge driven by central bank buys. Timestamps: 00:00 Start 03:22 Is it still "crypto winter"? 04:34 Why January? 06:36 Market segments 08:31 Gold 10:54 Central banks & Bitcoin 12:56 Causes of the crash 14:52 Kevin Warsh 16:58 Fed hawks become doves 17:34 Quantum... oh so scary! 19:59 Bitcoin Core 21:44 Revenue 24:37 Beyond "digital gold" narrative 26:44 AI

There is a massive change happening in the world of finance, led by tokenization.Tokenized ETFs, vaults, and new products are moving at lightspeed. Bitwise's Matt Hougan breaks down why institutional DeFi isn't coming, but is already here. He explains why vaults will do to ETFs what ETFs did to mutual funds, and what "neo finance" actually means for your portfolio.We cover:- Why Tokenizing All ETFs is Inevitable- Apollo + Morpho: What Institutions Actually Want From DeFi- How Vaults Will Drastically Change ETFs As We Know Them- The Ghost of Gary Gensler Still Haunting Token Value Accrual- Fat Wallet Thesis: Who Really Owns the Customer- What "Neo Finance" Actually MeansThe RollupTimestamps:00:00 Intro01:20 BlackRock x Uniswap & Apollo x Morpho Reaction04:10 Tokenizing All ETFs07:30 Permissioned DeFi10:39 Hibachi, Relay Ads11:09 Chain-Centric vs. Asset-Centric Mental Model16:45 Fat Protocol vs. Fat Wallet Thesis21:24 infiniFi ad21:55 Where Bitwise Sits in the Stack26:00 Vaults vs. ETFs: History Rhyming32:00 Token Value Accrual36:30 Aave's "Will Win" Proposal Breakdown41:00 Treasury Companies & Market Bottoms44:30 Catalysts for the Next Bull Run47:45 Defining Neo FinanceWebsite: https://therollup.co/Spotify: https://open.spotify.com/show/1P6ZeYd...Podcast: https://therollup.co/category/podcastFollow us on X: https://www.x.com/therollupcoFollow Rob on X: https://www.x.com/robbie_rollupFollow Andy on X: https://www.x.com/ayyyeandyJoin our TG group: https://t.me/+TsM1CRpWFgk1NGZhThe Rollup Disclosures: https://goodidea.ventures

In this episode, Matt Hougan (Bitwise CIO) breaks down why the bear market may have quietly begun in January 2025, long before the recent Bitcoin selloff. We analyze the real causes behind the February 5th crash, the role of institutional ETF flows, OG Bitcoin selling, the four-year cycle, and why “no bid” markets fall fast.~~~~~⁠⁠⁠⁠⁠⁠

Crypto enters a full-blown pain market as Bitcoin, ETH, tech stocks, and even gold sell off together. Ryan and David break down why crowded trades are unwinding across markets, what the Warsh Fed chair pick means for rates and risk assets, and whether crypto has become uniquely fragile in this cycle. They dig into Vitalik's L2 pivot and what it signals about Ethereum's next era, unpack massive institutional paper losses at Strategy, BitMine, and Galaxy, and analyze Polymarket odds on where Bitcoin goes next. Plus: OGs selling to ETF buyers, the Clarity Act standoff between banks and crypto, and how to survive the psychology of a real bear market. ---

Bitcoin may be deeper into a crypto winter than headlines suggest, according to Matt Hougan, who argues the downturn has been quietly masked by institutional flows and ETF demand. In this discussion, we unpack how weakening retail participation, struggling altcoins, and collapsing crypto equities reveal underlying stress that Bitcoin's price alone doesn't show. Hougan's key takeaway is contrarian: if this has been a hidden winter all along, the market may be closer to exhaustion than collapse, setting the stage for stabilization or reversal as excess leverage clears and weaker participants exit the system.

Bitwise CIO Matt Hougan breaks down the 2025 bear market, central banks' preference for bitcoin over gold, and Solana's potential to challenge Ethereum's dominance. Bitwise Chief Investment Officer, Matt Hougan joins CoinDesk's Markets Outlook with Jennifer Sanasie and Andy Baehr. He explains why he believes 2025 was a bear market and where he sees markets going from here. Hougan breaks down why central banks are eyeing bitcoin as a superior self-custody tool to gold, Bitwise's on-chain yield vaults, and why he's betting on Solana as the challenger to Ethereum's dominance.- Timecodes:0:53 - Why Are Markets Down Today?3:13 - Precious Metals vs. Bitcoin7:05 - Why the Crypto ETF Genie is Already Out of the Bottle9:15 - Bitwise's On-Chain Yield and DeFi Vaults13:22 -What Central Banks Are Asking Bitwise About Bitcoin17:44 - How Matt Hougan Thinks BTC Gets to $6.5 Million in 20 Years19:15 - Beyond BTC and ETH: Matt Hougan's Case for Altcoins21:00 - Solana vs. Ethereum: The Battle for Wall Street24:20 - What Impact Would Trump's Fed Reserve Chair Nominee, Kevin Warsh, Have on Crypto? - This episode was hosted by Jennifer Sanasie.

Bitwise CIO Matt Hougan breaks down the 2025 bear market, central banks' preference for bitcoin over gold, and Solana's potential to challenge Ethereum's dominance. Bitwise Chief Investment Officer, Matt Hougan joins CoinDesk's Markets Outlook with Jennifer Sanasie and Andy Baehr. He explains why he believes 2025 was a bear market and where he sees markets going from here. Hougan breaks down why central banks are eyeing bitcoin as a superior self-custody tool to gold, Bitwise's on-chain yield vaults, and why he's betting on Solana as the challenger to Ethereum's dominance. With President Trump tapping Kevin Warsh for Fed Chair, Hougan weighs in on what this means for crypto. Notably, Warsh is listed as an investor and advisor on Bitwise's website.- Timecodes:0:53 - Why Are Markets Down Today?3:13 - Precious Metals vs. Bitcoin7:05 - Why the Crypto ETF Genie is Already Out of the Bottle9:15 - Bitwise's On-Chain Yield and DeFi Vaults13:22 -What Central Banks Are Asking Bitwise About Bitcoin17:44 - How Matt Hougan Thinks BTC Gets to $6.5 Million in 20 Years19:15 - Beyond BTC and ETH: Matt Hougan's Case for Altcoins21:00 - Solana vs. Ethereum: The Battle for Wall Street24:20 - What Impact Would Trump's Fed Reserve Chair Nominee, Kevin Warsh, Have on Crypto? - This episode was hosted by Jennifer Sanasie.

In this episode of The Milk Road Show, we sit down with Matt Hougan and Ryan Rasmussen from Bitwise to unpack one of the biggest questions in markets right now: is capital actually rotating from gold into Bitcoin,  or is that just a narrative investors want to believe?~~~~~

Matt Hougan, CIO at Bitwise, explains why Bitcoin could reach $6.5 million and why Solana has "the best setup I've ever seen" for a 10x to $1 trillion.THE SHIFT NEWSLETTER

Washington takes center stage this week as crypto collides with power, policy, and markets. Ryan and David break down the CLARITY Act fight in the Senate, why banks want to kill stablecoin yield, and why Coinbase says the bill may be worse than no bill at all. They also unpack Trump's DOJ targeting Jerome Powell and what it means for Fed independence, silver's explosive move as markets search for safety, X's push toward becoming a crypto super app, and the NYC mayor's meme coin disaster. Plus: Tom Lee's surprising MrBeast investment and what it signals about capital, culture, and crypto's next phase. ---

The U.S. Senate's new digital asset market structure legislation is pleasing some stakeholders, annoying others, and confusing everyone else.~This episode is sponsored by BTCC~BTCC 10% Deposit Bonus! ➜ https://bit.ly/PBNBTCCGuest: Matt Hougan, CIO at Bitwise Asset ManagementBitwise Crypto Funds ➜ https://bit.ly/BitwiseCrypto00:00 Intro00:10 Sponsor: BTCC01:00 Rep. Hill: good week for crypto01:50 Is CLARITY baked into crypto prices?03:00 Fear & Greed05:00 Anti-Consumer06:50 JP Morgan Earnings Call08:30 Coinbase pretending to care about rewards?09:20 Should the bill be delayed?10:50 Cynthia Lummis favoring Bitcoin over crypto?13:00 Are Senators using Polymarket?14:00 Are they doing a bad job of trying to sell it to the public?15:10 Should David Sacks step down?16:30 Poison pill for CLARITY?18:15 Should investors hold off on buying altcoins?20:50 Could Ethereum emerge as the winner?22:20 Will Tom Lee push for mergers?23:30 Outro#Crypto #Bitcoin #ethereum~Crypto CLARITY Rally or Crash?

A new draft of the Clarity Act dropped, Polymarket odds whipsawed, and headlines screamed that stablecoin yield was dead. But that's not what actually happened. In this episode, LG Doucet sits down with Matt Hougan, CIO of Bitwise, to break down what changed, what didn't, and why markets may be completely misreading this moment. ~~~~~⁠

2025 was looking like yet another banner year for Bitcoin for Bitcoin prices until a wave of selling in the Fall sent the cryptocurrency into a bear market. Matt Hougan of Bitwise explains what happened and why he thinks 2026 will be another year for the record books and more ETF issuance. Plus, the Federal Reserve is slapped with a criminal investigation by the Dept. of Justice over its renovation project, and Chair Powell claps back. At stake, the independence of the Fed, and the sanctity of the capital markets. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Prediction markets are turning into real-time intelligence, and policymakers are already reacting. In this week's Weekly Rollup, Ryan and David unpack the Venezuela “Maduro” trade, the debate over fairness vs. public signal, and Polymarket's expansion into real estate markets. They also cover Bitcoin's lowest-vol year ever, Solana's DEX surge, Ethereum's stablecoin settlement ATH, Morgan Stanley's crypto ETF filings, Zcash's governance blowup, Lighter's massive $LIT airdrop, Vitalik's “trilemma solved” claim, Wyoming's state stablecoin, and Strategy's path toward major indices. ---

In this episode of the Milk Road Show, Bitwise CIO Matt Hougan and Head of Research Ryan Rasmussen lay out their Top 10 predictions for 2026, and the message is clear: crypto is leaving its speculative adolescence and entering institutional adulthood.~~~~~

The US House was originally scheduled to be in session on Friday, but the Republican leadership gave members a green light to skip town on Thursday for the two-week holiday recess without voting  pass the desperately needed crypto CLARITY Act... delaying an altcoin season.~This episode is sponsored by iTrust Capital~iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul00:00 intro00:08 Sponsor: iTrust Capital00:38 Congress Leaves For Holidays01:08 CFTC Chair Sworn In01:27 Government Shutdown Odds01:53 CLARITY Pushed To January02:50 Q1 Is Too Far Away03:15 Japan Unwind vs CLARITY Act04:02 Bitwise on CLARITY Act05:29 Charles Hoskinson: $TRUMP Meme Coin Caused Delay06:29 Matt Hougan: 4 Year Cycle Dead07:27 Institutional Expectations08:03 ETF's 2.0 Will Bring Trillions08:40 Suit-coiners09:54 Private Money on Sidelines#Crypto #XRP #Ethereum~Congress Delays Bills For An Early Vacation

Bitwise's Matt Hougan and Ryan Rasmussen return with 10 big predictions for 2026. From the case for $1M BTC (and why the classic four-year cycle may be dead) to a world where ETFs soak up more than 100% of new BTC/ETH/SOL supply. We get into Bitcoin volatility vs. mega-cap tech, crypto equities vs. tech equities, and why Polymarket could smash past its 2024 election-era highs. Plus: stablecoins as an “escape valve” that emerging economies may blame for currency stress, on-chain also known as “ETFs 2.0,” and how the Clarity Act could be the starter's gun for ETH and SOL to run. ------

Matt Hougan, CIO at Bitwise Asset Management, joined me to discuss the launch of their XRP, Solana, and Dogecoin Spot ETFs.Topics: - XRP, Solana Staking, and Dogecoin ETFs - Is the crypto bull market over? - Outlook for crypto in 2026 - DATS vs ETFs Brought to you by

Bitcoin feels like it's been stuck all year… but Bitwise says that's the wrong chart to watch.In today's episode, Matt Hougan and Ryan Rasmussen reveal what's happening beneath the surface and why this sideways chop is hiding the strongest structural setup Bitcoin has ever had.~~~~~

funds, and major investors like Ray Dalio and Stan Druckenmiller on board? Crypto ETF pioneer Matt Hougan has the latest and offers advice for navigating this explosive market. WEALTHTRACK episode 2221, broadcast on 11-21-2025

In today's episode of The Milk Road Show, we dig into the reasons the market is dropping, why institutions are loading up, and why this crash might actually set the stage for one of the strongest long-term bull cases in years.~~~~~

More than $1 Trilion has been wiped off the value of the cryptocurrency market in the past six weeks amid fears of a tech bubble and fading expectations for a US rate cut next month.~This episode is sponsored by BTCC~BTCC 10% Deposit Bonus! ➜ https://bit.ly/PBNBTCCGuest: Tim Warren, Host of Investing BrozInvesting Broz Youtube ➜ ‪‪  @TimWarrenTrades  Follow on Twitter ➜  @timsta6753   00:00 Intro00:10 Sponsor: BTCC01:00 Cloudflare Outage01:30 Fed new chair?02:10 Matt Hougan & Tom Lee: We're still recovering from Oct.10 but nearing bottom04:20 Is the bottom in?06:40 Is Tim bullish or bearish?09:30 2021 vs now11:30 No Market Structure Bill in 202513:07 Job losses rising, no Fed rate cut December?16:00 USDT dominance19:00 Most ETF holders underwater22:50 OTHERS Chart25:00 Ethereum analysis27:15 ETH/BTC chart29:00 Bitcoin Dominance30:15 Solana analysis31:50 Outro#Crypto #bitcoin #Ethereum~Crypto Crash Ending?

In this in-depth interview, Bitwise CIO Matt Hougan breaks down why Bitcoin's price has stalled near $100,000, the hidden sell wall created by early holders, and why he believes the real bull market is just getting started. We explore the ETF explosion reshaping crypto investing, how Solana's staking ETF shocked Wall Street, and why The Clarity Act could ignite the next leg of the rally. Matt also reveals how tokenization, stablecoins, and self-regulation are driving institutional adoption and why Coinbase's new ICO model might mark the true return of alt season.

The native token belonging to decentralized exchange Uniswap is soaring this week, outpacing major cryptocurrencies amid a slew of changes expected to boost revenue and shore up liquidity. Unveiled on Monday, the "UNIfication" proposal from Uniswap Labs and the Uniswap Foundations aims to put the protocol's roughly $650 million in daily trading volume to work by activating protocol fees to fund a perpetual UNI token burn. ~This Episode is Sponsored By Coinbase~ Buy $50 & Get $50 for getting started on Coinbase➜ https://bit.ly/coinbasePBNGuest: Matt Hougan, CIO at Bitwise Asset ManagementBitwise Crypto Funds ➜ https://bit.ly/BitwiseCrypto00:00 intro00:08 Sponsor: Coinbase00:35 Uniswap Fee Switch Proposal01:15 Matt Hougan Prediction Was Right02:02 Uniswap Dex Growth02:35 $UNI Proposal is EPIC!04:24 Catnip For TradFi Analysts05:19 Hayden Adams: Quarterly Earnings Are Dead06:00 Mega-Trend on Transparency06:51 Approved in 22 Days?07:10 Wrapped XRP on Uniswap07:52 Regulation Was Holding DeFi Tokens Back08:35 Solana ETF $BSOL Success09:45 XRP ETF Potential10:57 Uniswap ETF11:53 Tokenized Bitwise Private Funds13:23 How Much Will Be Unlocked14:34 CLARITY Act passing in 2025?15:40 Tom Lee Ethereum Prediction16:59 Fusaka Ethereum Upgrade19:10 $POLY Token vs Polymarket IPO20:32 outro#Crypto #Ethereum #Solana~Uniswap Becomes God-Tier Token!!!

Unpacking the crypto rally and Solana's potential with Bitwise CIO Matt Hougan. Bitwise Asset Management Chief Investment Officer Matt Hougan returns to Markets Outlook to dissect the forces behind the current crypto rally with CoinDesk's Jennifer Sanasie. With bitcoin reaching new highs and Washington shutdown, Matt explains why the "debasement trade"—fueled by institutional concern over fiat currencies—is driving massive flows and whether his $200,000 price target for BTC by the end of the year is still in play. Plus, his argument for why the market is big enough for both Ethereum and Solana to win. - Break the cycle of exploitation. Break down the barriers to truth. Break into the next generation of privacy. Break Free. Free to scroll without being monetized. Free from censorship. Freedom without fear. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit midnight.network/break-free - Bridge simplifies global money movement. As the leading stablecoin issuance and orchestration platform, Bridge abstracts away blockchain complexity so businesses can seamlessly move between fiat and stablecoins. From payroll providers and remittance companies to neobanks and treasury teams, Bridge powers payments, savings, and stablecoin issuance for thousands – like Shopify, Metamask, Remitly, and more. URL: ⁠⁠⁠⁠https://hubs.ly/Q03KGbRK0⁠⁠⁠⁠ - This episode was hosted by Jennifer Sanasie.