According to Matt Hougan, the Chief Investment Officer at Bitwise Asset Management, institutional sentiment toward crypto has reached record levels, with substantial investments flowing into Bitcoin ETFs.

While retail investors are discouraged, Hougan believes this presents a prime opportunity for savvy investors to capitalize on the growing demand for BTC and altcoins.

Amid regulatory clarity and institutional acceptance, Hougan is bullish about the long-term prospects for the crypto market, especially for altcoins, predicting significant growth in the coming years.