Bitcoin’s role in institutional portfolios is continuing to evolve, with new research from Bitwise Asset Management suggesting the asset could become the strongest-performing major investment class in the years ahead.
According to a preview of the firm’s forthcoming Long-Term Capital Market Assumptions (LTCMAs), Bitwise expects Bitcoin to deliver an average compound annual growth rate (CAGR) of 28% over the next 10 years while experiencing gradually declining volatility .
The report, authored by Matt Hougan, Chief Investment Officer at Bitwise, frames Bitcoin not as an opportunistic play but as a maturing asset that is increasingly being considered a core portfolio component.
Hougan noted that the launch and adoption of spot Bitcoin exchange-traded funds (ETFs) in 2024 marked a turn