Bitwise Chief Investment Officer Matt Hougan believes that this is the “best time in history” to buy Bitcoin on a risk-adjusted basis.
Hougan highlights that the major existential risks associated with Bitcoin have been effectively mitigated, such as the rise of regulated exchanges and institutional-grade custodians.
The signing of an executive order by President Donald Trump to establish the US Strategic Bitcoin Reserve has eliminated the fear of a government ban on Bitcoin, making it an ideal time to invest.
Recent regulatory developments, such as the support for stablecoins and the clarification on meme coins by the US Securities and Exchange Commission, have also impacted the broader cryptocurrency market.