SOL - Bitcoin To Peak At $150K Crypto ETF Market To Grow To $450B: Bernstein | Benzinga
The market for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs) is poised for a dramatic surge, according to a research report released by investment firm Bernstein.
What Happened: This market could balloon to a staggering $450 billion based on their cryptocurrency price projections, Coindesk reported.
According to analysts Gautam Chhugani and Mahika Sapra, this growth could translate into over $100 billion flowing into crypto ETFs within the next 18 to 24 months.
Bernstein’s analysis forecasts a peak Bitcoin price of $150,000 by 2025, with an optimistic year-end target of $90,000.
This bullish outlook is fueled by the ...