Bitwise Chief Investment Officer Matt Hougan predicts that institutional investment in Bitcoin via ETFs will surpass $1 trillion in the next year. He emphasizes the importance of maintaining a long-term perspective amid the current crypto market volatility, highlighting upcoming events like the Bitcoin halving and potential approvals of spot Bitcoin ETFs.

Despite short-term uncertainties, Hougan remains optimistic about Bitcoin's long-term potential, citing the successful launch of spot Bitcoin ETFs as a significant milestone. He points out that even a modest 1% allocation from global wealth managers could result in $1 trillion entering the crypto space, showcasing the early stages of crypto adoption by the investment community.

However, he also advises investors to be cautious of the risks and volatility associated with crypto trading and encourages thorough due diligence before entering the market.