CIO of Bitwise: "The constant demand" could push the price of Bitcoin close to $200,000 by the end of 2025

The investment director (CIO) of the cryptoasset management company Bitwise has stated that strong demand could push the price of Bitcoin much higher by the end of this year.

"There is an ever-increasing demand from corporations and institutional investors, which is colliding with an extremely limited supply. We all know that the Bitcoin network produces only 450 Bitcoin per day. Just yesterday, ETF funds purchased up to 10,000 Bitcoin."

Institutional investment in Bitcoin is a one-time event. This process will take many years to unfold. However, I believe that throughout that time, there will be a continuous pricing, with demand far exceeding supply. The natural reaction to this situation is exactly what we are witnessing in the market, which is that the price of Bitcoin tends to rise.

I think that the price of Bitcoin has a long way to go. It has the potential to end the year at around $200,000. Therefore, I advise everyone to get used to the story of new all-time highs.

Mr. Hougan also emphasized that interest in Bitcoin applications is increasing, especially in the current geopolitical instability.

"Bitcoin provides an important service: the ability to store cryptoassets in digital form without relying on banks. Emotions certainly influence the market. They impact stocks and bonds, but the main factor driving this growth is that more and more people are seeking the services that Bitcoin offers."

In a world full of uncertainty, where there are tariffs and geopolitical tensions, people increasingly want to own their assets in digital form.