The encrypted ETF issuer #Bitwise released its 2026 report, clearly predicting that Bitcoin (BTC) will unconditionally set a new historical high in 2026, breaking the traditional "four-year cycle". Meanwhile, ETH and SOL will also reach new highs.
We have compiled 10 core highlights, let's take a look together.
1. Bitcoin breaks the four-year cycle and sets a new high: halving effects weaken, interest rate cycles support, leverage liquidation risks decrease, institutions (like Citi, Morgan Stanley) enter the market, ETF allocations increase, on-chain construction accelerates, and pro-crypto regulations continue.
2. Bitcoin's volatility is lower than #NVIDIA : By 2025, BTC has fallen below Nvidia, and the volatility has continued to decline over the past 10 years, reflecting asset maturity and investor diversification.
3. With accelerated institutional demand, ETFs will purchase more than 100% of the new supply of Bitcoin, Ethereum, and Solana: Expected new supply in 2026: $BTC approximately 166,000 coins ($15.3 billion), $ETH approximately 960,000 coins ($3 billion), $SOL approximately 23 million coins ($3.2 billion), #etf demand will be oversubscribed, driving supply squeeze.
4. Crypto-related stocks outperform tech stocks: The Bitwise Crypto Innovators 30 index has risen 585% over the past 3 years (tech stocks only 140%).
5. Polymarket's open contracts will set a new historical high, exceeding the levels seen during the 2024 elections.
6. Stablecoins will be blamed for being the culprit behind the destruction of emerging market currencies.
7. The on-chain vault asset management scale will double. The peak in 2025 is $8.8 billion, with high-quality curators flooding in by 2026.
8. ETH and SOL set new highs (condition: CLARITY Act passed).
9. 2026 forecast: Half of the Ivy League's endowment funds will invest in cryptocurrency. Brown and Harvard have already entered the market, with total foundation assets of $871 billion, a 1% allocation means huge funds.
10. The U.S. will launch over 100 crypto-linked ETFs: In October 2025, the SEC will release general listing standards, and 2026 will usher in an "ETF frenzy."
After the report's release, BTC/ETH/SOL saw a slight rebound in the short term, and market sentiment turned optimistic! This report reinforces the view of a "continued bull market" while also posing a strong challenge to the "2025 bear year" perspective.
