Episode Details

The macro canvas for 2026 is shifting, and crypto may be setting up for a broader, more durable “risk-on” regime, but not in a straight line. In CF Benchmarks’ 2026 outlook, “Risk-On Reloaded,” the base case is disinflation with noise, moderating growth, and a policy and liquidity backdrop that can re-open risk appetite and widen participation. We also explore whether Bitcoin and altcoins are poised for a catch-up trade, and whether regulatory clarity unlocks a new wave of product innovation. To pressure-test the thesis, we’re delighted to welcome Juan Leon, Senior Strategist at Bitwise, to the CFB Talks Digital Assets podcast. From the current state of market structure legislation, to allocator and advisor adoption, to long-term capital market assumptions, Juan dives into Bitwise’s 2026 predictions and maps what matters most in the year ahead. Join us for a discussion covering what we’re watching for in 2026, including:

• Why “risk-on reloaded” could broaden performance beyond Bitcoin, and what a catch-up trade looks like
• Bitwise’s “if clarity passes” framework: what a regulatory breakthrough really unlocks for participation
• Whether Bitcoin’s four-year cycle breaks, and what would have to change for that to happen
• The allocator moment: why adoption among endowments, advisors, and institutions may be approaching an inflection point as career risk falls
• Utility-driven growth flywheels: prediction markets and stablecoins
• What Bitwise is focused on next: products, approvals, and the near-to-medium term roadmap

If 2026 is the year macro turns supportive, clarity arrives, and crypto breadth finally shows up, these outlooks will help you navigate the year ahead.