Bitwise Statement on the Conclusion of the 4-Year Cycle of Cryptocurrency

Matt Hougan, CIO of Bitwise, stated that the traditional four-year cryptocurrency cycle has ended, giving way to a phase of sustainable growth driven by ETF funds and increased institutional adoption. The significant inflow of assets into ETF funds and regulatory advancements further emphasize this shift. Bitwise's statement signals a major shift in the cryptocurrency industry, moving away from previous cycles associated with Bitcoin halving. This change highlights the importance of ETF funds and institutional investors in shaping market trends. The Application of Organizations and ETF Matt Hougan, a leading thinker in the field of cryptocurrency, emphasizes that the adoption of ETFs by institutions will mark the future of the cryptocurrency market. "The forces that created the four-year cycle before are weakening," he notes, while predicting a multi-year growth pattern as these dynamics reshape traditional cycles. Market Significance This announcement is significant for those involved in the industry. Wall Street firms are preparing to pump billions of dollars into the market, driven by regulatory changes such as the "Genius Act". This development signals increasing interest in BTC and ETH. Traditional cycles, primarily influenced by the Bitcoin halving event, are losing their impact. Instead, the adoption of ETFs reflects the stock market, forecasting a new era of sustainable stability for this sector, as Hougan noted. Developing Landscape The developing cryptocurrency landscape may lead to closer integration with traditional finance, thanks to regulatory clarity and investment flows from institutions. Hougan's analysis highlights the trend towards managed and diversified cryptocurrency investment portfolios. Future scenarios predict the long-term stability of the cryptocurrency market, deviating from historical patterns. This transition may encourage broader adoption, balancing regulatory oversight with innovative growth trajectories.