bitwise

According to Arkham data, at 23:11, Bitwise received a large SOL transfer totaling 105,883.23 SOL (worth approximately 15.24 million USD) from FalconX.

Bitwise Chainlink ETF (Ticker: CLNK) Officially Listed on NYSEThe current number of LINK spot ETFs listed has reached 2.According to SoSoValue data, CLNK had a net inflow of $2.59 million on its first day of trading, with a trading volume of $3.24 million and a total net asset value of $5.18 million.Yesterday, the Grayscale Chainlink Trust ETF had no net inflow, with a historical total net inflow of $63.78 million.The Bitwise Chainlink ETF supports cash/physical redemptions, with a management fee rate of 0.34%, and currently does not support staking.As of the time of writing, the total net asset value of LINK spot ETFs is $95.87 million, with a LINK net asset ratio of 0.95%, and the historical cumulative net inflow has reached $66.38 million.

The cryptocurrency asset management company Bitwise announced on January 14, 2026, the listing of seven cryptocurrency ETPs (Exchange-Traded Products) on Nasdaq Stockholm, marking its official entry into the Nordic market.These products, priced in Swedish Krona (SEK), include Bitcoin, Ethereum, Solana, and a diversified cryptocurrency portfolio, aimed at providing Swedish investors with the opportunity to invest in cryptocurrencies through ISK accounts.

According to Solid Intel, Bitwise's Chainlink spot ETF (CLNK) will begin trading on the NYSE Arca platform on January 15 after receiving approval.

Bitwise Chief Investment Officer Matt Hougan stated, "If ETF demand persists in the long term, Bitcoin prices will rise parabolically. This can be inferred from the trend of gold in 2025. The prices of gold and Bitcoin are fundamentally determined by supply and demand. The mainstream narrative suggests that gold's significant rise in 2025 (up about 65% for the year) is due to massive purchases by central banks, which changed the supply-demand structure. However, history tells us that Bitcoin is currently undergoing this process.Central bank purchases of gold surged in 2022 against the backdrop of the U.S. freezing and seizing Russian Treasury assets. The annual amount of gold purchased by central banks jumped from about 500 tons to around 1,000 tons and has remained at this high level since then. These purchases did change the supply-demand balance, but did not immediately reflect in the price. Gold only rose 2% in 2022, 13% in 2023, and 27% in 2024. It wasn't until 2025 that gold prices truly entered a "parabolic" rise phase.The reason is that in the initial years, the new demand from central banks was primarily absorbed by holders willing to sell gold; but over time, sellers gradually ran out. When demand persists and the available sellable assets become scarcer, prices begin to soar rapidly. The same logic is now appearing in Bitcoin and ETFs. Since the launch of the Bitcoin spot ETF in January 2024, the buying volume of ETFs has already exceeded 100% of Bitcoin's new supply. However, the price has not yet experienced a parabolic rise because existing holders are still willing to sell. If ETF demand can sustain (and I believe it will), then these sellers will eventually "run out of ammunition."

Bitwise Chief Information Officer Matt Hougan posted on X platform that if ETF demand continues long-term, the price of BTC will enter a parabolic growth phase.Matt Hougan pointed out, using the example of gold prices rising 65% in 2025, that the prices of both gold and BTC are determined by supply and demand. After the U.S. confiscated Russian bond deposits in 2022, central banks around the world increased their annual purchases of gold from about 500 tons to around 1,000 tons, and this level has remained stable. This demand has changed the supply-demand balance, but it has not immediately reflected in the price.Gold prices rose 2% in 2022, 13% in 2023, and 27% in 2024, before experiencing parabolic growth in 2025. This is because the demand in previous years was met by holders willing to sell gold, and when the selling pressure from sellers is exhausted and demand persists, prices will rise significantly. Currently, there is a similar situation with BTC and ETFs. Since the ETF debuted in January 2024, its purchase volume has exceeded 100% of the new supply of BTC. Due to existing holders being willing to sell, the price has not yet entered the parabolic phase. If ETF demand continues, the selling pressure from existing sellers will eventually be exhausted.

Bitwise Chief Investment Officer Matt Hougan posted on X that Bitcoin prices are expected to replicate gold's 2025 trend, as ETFs continue to absorb all new supply. He pointed out that after central banks doubled their gold purchases in 2022, the price initially reacted slowly, only to surge 65% in 2025 when selling pressure was exhausted. Currently, Bitcoin ETFs have been buying over 100% of the new supply since their launch in January 2024, and if this demand continues, a severe price increase may occur after long-term sellers are depleted.

Bitwise Chief Investment Officer Matt Hougan stated, "The 'CLARITY Act' is like 'Punxsutawney Phil' in this round of crypto winter. If it just pokes its head out but fails to pass in Congress, then the 'winter' may continue; but if it passes smoothly and is signed into law, the crypto market is likely to reach new historical highs."

According to Financefeeds, Bitwise CIO Matt Hougan recently announced that the traditional "boom and bust" four-year cycle of Bitcoin has officially ended. With financial giants like Morgan Stanley, Merrill Lynch, and Wells Fargo actively promoting client allocations through spot ETFs, Bitcoin has officially entered the "institutional era."Data shows that by 2025, Bitcoin's volatility may even be lower than that of Nvidia stocks, thanks to "sticky" funds like pensions and 401(k) accounts continuously absorbing market supply. Hougan expects that by 2026, Bitcoin will have a reduced correlation with traditional stock markets and will benefit from declining interest rates, increased regulatory clarity, and quantitative easing policies.While the era of thousand-fold annual returns may be in the past, this institutional-level growth provides investors with a more sustainable long-term value preservation path.

According to The Block, Bitwise CIO Matt Hougan pointed out in the latest client update that although Bitcoin and Ethereum both rose about 7% at the beginning of 2026, the crypto market needs to overcome three key challenges to maintain this momentum.The first challenge is to avoid a large-scale market crash similar to the one on October 10, 2025, which caused over $20 billion in futures position liquidations. Hougan believes this challenge has been largely addressed; the second challenge is to advance the passage of the Clarity Act crypto legislation in the U.S., which is currently under consideration in Congress and is expected to be marked up in the Senate on January 15; the third challenge is to maintain the stability of the stock market and avoid significant declines that could drag down all risk assets.Hougan stated that if these three challenges can be successfully overcome, the upward trend of the crypto market at the beginning of 2026 is likely to continue throughout the year.

Bitwise Chief Investment Officer Matt Hougan stated, "Morgan Stanley currently manages 20 ETFs, but most are launched under brands like Calvert / Parametric / Eaton Vance. The Bitcoin and Solana ETFs applied for this time will be the 3rd and 4th ETFs directly operated under the 'Morgan Stanley' brand, which is quite remarkable."

Bitwise advisor Jeff Park expressed his views on Morgan Stanley's launch of a Bitcoin ETF on the X platform, stating that this move is significant in his opinion.Jeff Park noted that after the first Bitcoin spot ETFs have dominated major liquidity for two years, Morgan Stanley's decision to launch its own branded product reflects its assessment through internal wealth management channels, believing that the market size and new client demand still have commercial viability.Jeff Park further pointed out that Bitcoin ETFs are not only financial products for asset management institutions but also carry symbolic significance at the brand and social levels, as they can be used to reach specific client groups such as ultra-high-net-worth independent investors. He also believes that this move can be seen as a defensive arrangement for platform distribution rights and fee retention, meaning that by controlling customer relationships through proprietary products, they do not have to cede distribution profits to third parties. In this context, Jeff Park expressed his optimistic stance on Bitwise's and Morgan Stanley's related strategies.

According to market news, asset management company Bitwise has received approval from the U.S. Securities and Exchange Commission (SEC) to list the LINK spot ETF (ticker CLNK) on the NYSE Arca platform, with its assets being jointly custodied by Coinbase Custody and BNY Mellon.

Bitwise submitted applications for 11 cryptocurrency ETFs to the SEC on December 30, including the Bitwise AAVE Strategy ETF, Bitwise UNI Strategy ETF, Bitwise ZEC Strategy ETF, Bitwise CC Strategy ETF, Bitwise ENA Strategy ETF, Bitwise Hyperliquid Strategy ETF, Bitwise NEAR Strategy ETF, Bitwise STRK Strategy ETF, Bitwise SUI Strategy ETF, Bitwise TAO Strategy ETF, and Bitwise TRX Strategy ETF.The trading codes and fees have not yet been announced. The investment strategy for these ETFs is to invest 60% of the assets directly in the underlying cryptocurrencies and 40% in ETPs that invest in those cryptocurrencies, and they may also use derivatives to gain investment exposure.

As the Iranian rial's exchange rate against the dollar has fallen to a historic low, large-scale protests have erupted in Tehran recently, with the public attributing the continuous devaluation of the local currency to the central bank's long-term fiscal and monetary policy failures. In response, Bitwise CEO Hunter Horsley stated on the X platform that economic mismanagement has been a constant throughout the past, present, and future, while Bitcoin provides a new way for ordinary people around the world to protect their wealth amid significant devaluation of fiat currencies.Reports indicate that since the two-week conflict with Israel in June of this year, the purchasing power of the Iranian rial has shrunk by over 40%, with the current official exchange rate at approximately 1.4 million rials to 1 dollar. Alex Gladstein, Chief Strategy Officer of the Bitcoin Human Rights Foundation, also mentioned that in the early 1980s, the official exchange rate in Iran was only 70 rials to 1 dollar, highlighting the significant depreciation. Meanwhile, the governor of the Iranian central bank has resigned under protest pressure, further exacerbating market uncertainty.Additionally, although Iran allows cryptocurrency trading, the regulations on custody and mining remain relatively strict. VanEck's research director Matthew Sigel pointed out that Iran has recently cracked down on unregistered Bitcoin mining activities and even encouraged citizens to report their neighbors. Analysts believe that against the backdrop of sanctions, pressure on the banking system, and continuous devaluation of the local currency, discussions around Bitcoin as a decentralized store of value are on the rise.

Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin is expected to achieve sustained and robust returns over the next decade, but it is unlikely to replicate extreme annual gains. He pointed out that Bitcoin may enter a "long-term slow upward" phase, accompanied by relatively lower volatility, but will still experience periodic pullbacks. Hougan also maintains his view that Bitcoin will strengthen overall by 2026, believing that there is still upward potential for prices next year.Hougan believes that the recent pullback in Bitcoin has significantly converged compared to historical cycles, mainly due to the continuous and slow inflow of institutional funds, which provides support against price declines. ReserveOne Chief Investment Officer Sebastian Beau stated that there is still controversy over whether the four-year cycle of Bitcoin has ended, as the current price has quickly fallen about 30% from its peak, but has not yet experienced the deep adjustments of over 60% seen in previous cycles. Some market participants remain cautious, with trader Peter Brandt expecting Bitcoin to potentially dip to $60,000 in the third quarter of 2026.Regarding macro and policy factors, Hougan believes that the marginal impact of the Trump administration on Bitcoin prices is limited, as the regulatory stance on its "commodity attributes" has become relatively clear, and future policy changes may no longer serve as a major driving force for price increases.

According to Cointelegraph, Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin may maintain stable returns over the next decade, but it is unlikely to see particularly large annual increases.Matt Hougan believes that Bitcoin will undergo a steady upward trend over a ten-year period. While the returns may not be spectacular, they will be stable, with lower volatility, and there will be fluctuations during this time.

Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin is not just another highly volatile asset; it is expected to be one of the highest returning investments over the next decade. Matt Hougan used conservative assumptions to build a model predicting that by 2035, the price of Bitcoin will reach $1.3 million.

Bitwise Managing Director Bradley Duke stated, "Although gold is expected to perform well in 2025, the inflows into Bitcoin exchange-traded products (ETPs) have already surpassed those of gold ETPs in 2025."

According to Decrypt, Bitwise Chief Investment Officer Matt Hougan stated that the development trajectory of crypto ETFs is "extremely optimistic," with some major brokerages starting to enter the market, and it is expected that 2026 will be a record year for inflows into crypto ETFs.In addition, the recent downturn in the crypto market is mainly due to "investors choosing to sell in anticipation of the upcoming four-year cycle" and "the 1011 market crash." Once these negative factors dissipate, the market will rebound, and with unique factors such as tokenization and institutional adoption becoming the main drivers of price, the cryptocurrency market will gradually mature and develop according to its fundamentals.