Emre Yumlu 
In a new report that has caught the attention of the crypto investment world, Bitwise Asset Management forecasts that over the next 10 years, Bitcoin will be the best-performing major asset. The firm projects a 28% compound annual growth rate for Bitcoin, while noting that its volatility will gradually decline. Based on this projection, calculations suggest that Bitcoin’s price could surpass $1.3 million within the next decade.
Bitwise: A “Core Asset” for Professional Investors
The report was authored by Bitwise CIO Matt Hougan, who emphasized that large platforms and professional allocators are now viewing Bitcoin as a “core portfolio” element. This shift comes after the launch of spot Bitcoin ETFs and their approvals on major national account platforms.
Bitwise noted that from 2017 to 2024, it received zero requests for long-term assumptions. However, in just this year alone, a dozen requests have been made—highlighting that institutional investors are no longer treating Bitcoin as a “side bet” but rather as a primary investment option.
Low Correlation and Strong Diversification
According to the preview report, Bitcoin’s expected returns, volatility, and correlations compare favorably with traditional asset classes. Bitwise defines Bitcoin’s correlation between −0.5 and 0.5, making it a low-correlation asset compared to stocks, bonds, or real estate.
For investors seeking diversification, this characteristic strengthens Bitcoin’s role in modern portfolios—alongside other assets like ethereum or even certain altcoins.
Institutional Accumulation and ETF Impact
Launched in January 2024, spot Bitcoin ETFs have quickly grown to massive scale. Today, these products manage more than $146 billion in assets and hold nearly 7% of Bitcoin’s total supply.
At the same time, corporations continue to accumulate BTC. Led by MicroStrategy, public company treasuries now hold 629,376 BTC—worth over $80 billion. To finance these large-scale purchases, many firms have turned to capital markets through equity and convertible debt offerings.
Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.