Bitcoin Could Hit $200,000 By 2025, Driven By Institutional Demand and ETFs: Bernstein
Portfolio Pulse from Khyathi Dalal
Bernstein analysts predict Bitcoin could reach $200,000 by 2025, driven by institutional demand and the introduction of spot Bitcoin ETFs. The report highlights Bitcoin's unique supply structure and the impact of halving events. Institutional adoption is expected to rise, with ETFs playing a key role.
October 23, 2024 | 6:24 pm
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Bernstein forecasts Bitcoin could reach $200,000 by 2025 due to institutional demand and the impact of spot Bitcoin ETFs. The introduction of these ETFs has already led to significant asset accumulation, and institutional participation is expected to grow.
The introduction of spot Bitcoin ETFs and rising institutional demand are key drivers for Bitcoin's potential price increase. The ETFs have already accumulated significant assets, and institutional participation is expected to rise, supporting the price target.
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