GET 10% OFF ON YOUR FIRST ORDER. FOR A LIMITED TIME ONLY. Use code: WELCOME on checkout
News

Bernstein: Bitcoin and Ether ETFs to Grow to $450 Billion with Bitcoin Price at $150,000

  • Bernstein forecasts Bitcoin and Ether ETFs reaching a market cap of $450 billion by 2025, with Bitcoin potentially hitting $150,000.
  • Recent SEC approval of an Ether spot ETF sets a regulatory precedent, boosting prospects for other cryptocurrencies.

According to a recent analysis by Bernstein, as highlighted in today’s Yahoo Finance update, the Bitcoin and Ether exchange-traded funds (ETFs) are on track for monumental growth. The firm projects that these ETFs could collectively reach a market valuation of $450 billion by 2025, coinciding with a potential surge in Bitcoin’s price to $150,000.

This bullish outlook is supported by the accelerating adoption rates within the financial sector and a growing acceptance of cryptocurrency as a legitimate investment vehicle.

Regulatory Developments Enhancing Market Confidence

Highlighting the feasibility of these projections, notable blockchain community member Collin Brown has emphasized the rapid pace of adoption as a strong indicator of future growth. In a recent tweet, Brown referenced the Bernstein report, underscoring its prediction that the Bitcoin and Ether ETF market could swell to $450 billion, with Bitcoin potentially reaching a price of $150,000 by the end of 2025. For this year, the projected Bitcoin price is set at $90,000.

A significant factor contributing to the optimistic forecast is the U.S. Securities and Exchange Commission’s (SEC) recent approval of Ether as a spot ETF. This approval not only underscores Ether’s classification as a commodity rather than a security but also sets a regulatory framework that could facilitate similar approvals for other cryptocurrencies. For instance, the approval of Ether’s ETF could pave the way for other proof-of-stake tokens, boosting prospects for cryptocurrencies like Solana, as noted by Bernstein.

Institutional Interest and Market Dynamics

Bernstein’s report also points to a strong influx of institutional money into the crypto market, predicting over $100 billion in new investments into crypto ETFs within the next 18 to 24 months. This influx is attributed to increased institutional and retail interest, spurred by regulatory clarity and a broader acceptance of digital currencies in mainstream finance.

Moreover, current market dynamics, as reported by CNF, indicate that Bitcoin ETFs now hold over one million BTC, highlighting the sector’s rapid growth and the significant role of major players like Grayscale and BlackRock.

Despite a slight dip in Bitcoin prices recently, the market shows signs of immediate recovery with an intraday surge of 15.57%, pushing the price to $68,494.85. This volatility underscores the dynamic nature of the cryptocurrency market and highlights the speculative interest driving much of the trading activity. For the latest price movements, view the current price chart here.

$68,494.85

Latest Press

post-thumbnail
News
6 hours ago
Venezuela’s Bitcoin Mining Crisis: Government Actions and Potential Gas-Powered Solutions
Venezuelan Bitcoin miners halt operations as government disconnects power, citing strain on national...
READ MORE
post-thumbnail
News
6 hours ago
Solana Faces Bearish Pressure Despite Bullish On-Chain Metrics: What’s Next for SOL’s Price?
The post Solana Faces Bearish Pressure Despite Bullish On-Chain Metrics: What’s Next for SOL’s P...
READ MORE
default post thumbnail
News
6 hours ago
DOGE To The Moon: This Dogecoin Metric Just Turned Bullish For The First Time Since 2020
Dogecoin (DOGE) is again in the spotlight as the foremost meme coin could be ready for takeoff. This...
READ MORE
default post thumbnail
News
6 hours ago
Lido (LDO) Poised For Explosive Surge To $17, Expert Forecasts ‘Massive Breakout’
Lido Finance, the liquid staking protocol for the Ethereum (ETH) network, has experienced significan...
READ MORE
default post thumbnail
News
6 hours ago
Curve Founder Faces Massive Blow As CRV Price Dives 40%, Multi-Million Dollar Liquidations
A sudden and dramatic crash in the value of Curve Finance’s native token, CRV, has resulted in sub...
READ MORE
default post thumbnail
News
6 hours ago
Analyst Predicts 35% Jump For Bitcoin In Next Step Of ‘Magic Bands’
Despite the price crash after rising to $69,000, the Bitcoin price remains in the game, with bulls c...
READ MORE
default post thumbnail
News
6 hours ago
Bitcoin Stuck: Here Are 2 Things That Must Happen For BTC To Break $72,000
At spot rates, Bitcoin is firm, but traders doubt the uptrend following the unexpected dump on June ...
READ MORE
default post thumbnail
News
6 hours ago
Memecoin Fight: DADDY Surpasses MOTHER Despite Insider Trading Activity Allegations
The celebrity memecoin mania has added a new player with the recently launched Daddy Tate (DADDY). T...
READ MORE
post-thumbnail
News
6 hours ago
These Altcoin Projects Have Raised the Most Capital in 2024
In 2024, several altcoin projects have secured substantial funding, showcasing growing investor conf...
READ MORE
default post thumbnail
News
6 hours ago
Paxos Reportedly Downsizes Workforce by 20%: Details
Stablecoin issuing company Paxos has laid off 20% of its workforce, decreasing its employee count by...
READ MORE

Publish an article now

Unlock the power of media for instant visibility to the target audience, major SEO boost, greater website traffic and conversion rates.

click here to get started