Bitwise CIO projects 28% average annual growth for BTC over next decade

Matt Hougan, Chief Investment Officer (CIO) at crypto asset manager Bitwise, projects that Bitcoin will see a compound annual growth rate (CAGR) of around 28% over the next 10 years. In a recent interview, he stated that while the current market mood is similar to the crypto winters of 2018 and 2022, institutional investors continue to buy Bitcoin and Ethereum (ETH) amid the downturn, which he sees as a sign of their confidence, The Crypto Basic reported. Hougan added that the four-year cycle centered on the Bitcoin halving remains valid, predicting a gradual, U-shaped recovery will unfold after the market finds its bottom in 2026.