Hunter Horsley, Bitwise CEO, has dropped a bold prediction concerning Bitcoin (BTC). Horsley says Bitcoin can hit a $50 trillion valuation if it assumes the role of a digital alternative to the U.S fiat.
Bitcoin Positioned Beyond Gold as a Global Value Store
In an update shared on X, Horsley maintained that BTC’s worth is much more than that of gold, a traditional store of value. He notes that BTC is more like U.S. Treasuries and the U.S. dollar, which, when aggregated, are valued at approximately $50 trillion.
Bitcoin is an apolitical, digital monetary asset.
The right comparison may be not just Gold (~$23T) —
But also Treasuries and USD (~$50T).
When people want to digitally store value, the latter is often the way.
— Hunter Horsley (@HHorsley) April 26, 2025
The estimated value of gold is about $23 trillion globally, but Horsley highlights that Bitcoin has more advantages as it exists online. He insists that the coin remains the preferred way investors store “value” in today’s financial world.
According to the Bitwise CEO, some features that make Bitcoin appealing are that it is “an apolitical digital monetary asset.” That is, it is not tied to anyone, country, or government. The decentralized feature sets Bitcoin out as an asset.
The message behind Horsley’s update is to highlight the possibility of Bitcoin if countries worldwide progressively adopt digital value storage.
Bitwise’s Growing BTC Bet Reflects Horsley’s Conviction
Horsley has always been bullish about BTC. His stance aligns with the principle of Bitwise. The asset management company under Horsley’s leadership has increased Bitwise’s BTC exchange-traded fund (ETF), BITB, to over 39,000 BTC.
Bitwise’s Bitcoin holding has been estimated at approximately $3.67 billion. Hence, Horsley’s stance on the potential of Bitcoin is based on a position of knowledge.
Clearly, Bitcoin has grown from competing with gold or chasing technology stocks to positioning itself as a notable force in the financial world. How Bitwise’s CEO’s prediction materializes remains an event to look forward to in the financial world.
Bitcoin’s Rising Institutional Adoption Fuels Optimism
As of this writing, the coin was trading at $94,118.85 with a market capitalization of $1.86 trillion. This positions it as the leading digital asset in the cryptocurrency industry.
Bitcoin’s appeal has led to growing institutional adoption from firms like Metaplanet, Semler Scientific, and Strategy.
Perhaps, BTC might witness more mainstream adoption shortly.
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