Bitwise's latest market outlook report brings many highlights to the crypto industry. First, they predict that Coinbase (COIN) stock price will soar to $700 in 2025, with its market value expected to surpass Charles Schwab, becoming the world's largest brokerage. Previously, Bitwise accurately predicted MicroStrategy's inclusion in the Nasdaq 100 index and expects Coinbase to enter the S&P 500 index next year.
Meanwhile, CoinShares believes that as more companies hold Bitcoin, Bitcoin yield strategies will become the new normal in corporate finance. Additionally, Bitwise predicts that the U.S. Department of Labor will relax restrictions on 401(k) pension investments in cryptocurrencies by 2025.
Finally, the prospects for the tokenization of real-world assets (RWA) market are viewed positively by several institutions, with expectations that the scale will exceed $50 billion, and the U.S. Treasury token fund BUIDL, supported by BlackRock, may reach this scale. 🔍📈