meta_pixel
Tapesearch Logo
Log in
CoinDesk Podcast Network

"Chaos Is a Ladder”: Bitwise’s Matt Hougan on Bitcoin’s Path to $1M | Markets Outlook

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7698 Ratings

🗓️ 16 April 2026

⏱️ 21 minutes

🧾️ Download transcript

Summary

BTC's $1M prospects and Bitwise's Avalanche ETF with Matt Hougan. In today's Markets Outlook, Bitwise CIO Matt Hougan joins CoinDesk's Jennifer Sanasie to make the case for $1 million bitcoin, breaking down why institutional demand is still just getting started and how global geopolitical chaos is actually accelerating crypto's rise as an apolitical currency. He also unpacks Bitwise's new Avalanche ETF (BAVA), what investors need to know about staking ETFs, and why Hyperliquid is forcing institutional players to rethink weekend trading. - Timecodes: 00:00 - Bitwise's Matt Hougan Joins Markets Outlook01:13 - Do We Need Another Bitcoin ETF?05:53 - Matt's Take on the Quantum Threat to Bitcoin07:30 - Geopolitical Chaos Is a Catalyst for Bitcoin12:16 - What It Will Take to Reach $1M Bitcoin13:28 - Bitwise's Avalanche ETF (BAVA)16:15 - What Investors Need to Know About Staking ETFs17:36 - Why HYPE is Appealing to Investors 19:16 - What Happens if Bitcoin Breaks $75,000? - This episode was hosted by Jennifer Sanasie.

Transcript

Click on a timestamp to play from that location

0:00.0

the increasingly fractious world and increasing changes to the global monetary order have opened

0:06.2

up a space for Bitcoin. And if Bitcoin could be both a store of value and a actual currency,

0:13.0

then the price targets we've been talking about, and a bitwise, we've been talking about,

0:16.7

you know, $1.3 million by 2035. I think you have to ratchet that up, maybe another million

0:23.4

dollar increment because that's a huge addressable market. Markets move fast. Crypto moves faster.

0:52.3

From the floor of the New York Stock Exchange, CoinDesk's

0:56.0

public keys tracks the money, markets, and moves shaping digital assets.

1:05.8

Matt Hogan, welcome to Market's Outlook. Thanks for having me. Of course, thanks for being here now.

1:11.1

We're going to talk about Bitcoin and Avalanche in just a bit.

1:14.5

Some big news that I'm watching this morning is Morgan Stanley's Bitcoin ETF being the most successful ETF launch for the bank ever.

1:22.0

Curious what you're watching.

1:23.7

What are you keeping your eye on?

1:25.2

Yeah, it tells us a repeat of the story that we've known,

1:28.0

which is when you provide easy, low-cost exposure to Bitcoin in an ETF wrapper,

1:33.2

people are excited about it.

1:34.6

It's one more data point that convinces me that the wave of institutional capital

1:39.2

coming into Bitcoin is just going to build from here, right?

1:43.1

Did we need another Bitcoin ETF?

1:45.0

People wondered, it turns out the answer is yes.

1:48.0

I think there's a nearly insatiable long-term appetite for exposure to Bitcoin and institutional

1:53.7

portfolios.

1:54.7

I expect Morgan Stanley's product to be successful.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.