Bitwise’s Bull Case Puts Bitcoin at $3.67M by 2036
Bitwise models Bitcoin at $1.6 million in its 2036 base case and $3.67 million in its bull case, with adoption assumptions and significant risks.
Cryptocurrency news, market insight, company coverage, and practical guides related to institutional investment.
US spot Bitcoin ETFs lost $635.49 million on October 22, their largest daily outflow since June 25, with BlackRock and Fidelity leading withdrawals.
US spot Bitcoin ETFs attracted $549.9 million on October 19–20, with BlackRock’s IBIT driving the gains as Tuesday’s inflows slowed.
On-chain data reveals a long-term, institutional accumulation strategy by a16z, positioning the firm as the sixth-largest HYPE holder globally with nearly $80 million in floating profits.
The Ethereum Foundation liquidated over 20,000 ETH in 2026 to fund operations, even as Ether’s price surged 10% in April and institutional demand reached new highs.
Digital asset investment products recorded $1.2 billion in weekly inflows, marking the fourth consecutive week of positive sentiment led by Bitcoin.
XRP ETFs have surged to $1.53 billion in assets, with Goldman Sachs holding the largest institutional stake, signaling growing but still early-stage institutional adoption.
US spot Bitcoin ETFs recorded their longest inflow streak since October 2025, though total capital entering the funds remains far below last year’s peak levels.
US institutions invested $540 million in spot Solana ETFs during Q4, with investment advisers and hedge funds leading allocations, highlighting growing institutional engagement in SOL.
Bitwise Asset Management has contributed $233,000 to Bitcoin developers, marking its second annual donation tied to the success of its Bitcoin ETF.
Andreessen Horowitz is raising a fifth crypto-focused fund targeting $2 billion, amid declining venture activity and broader crypto market pressures.
Bitwise and GraniteShares have filed for prediction market-style ETFs tied to US election outcomes, expanding the financialization of event-based derivatives.
Strategy acquired $168 million worth of Bitcoin last week, increasing its total holdings to over 717,000 BTC despite ongoing market volatility.