Bernstein: Bitcoin and Ethereum ETF market size is expected to grow to $450 billion
Brokerage firm Bernstein stated in a research report on Tuesday that based on its cryptocurrency price predictions, the market size of Bitcoin and Ethereum exchange-traded funds is expected to grow to $450 billion.Analysts Gautam Chhugani and Mahika Sapra wrote, "This means that over the next 18-24 months, more than $100 billion will flow into cryptocurrency ETFs."Bernstein predicts that the Bitcoin cycle high will reach $150,000 in 2025, with a year-end target price of $90,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Loan Carnival round 26: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Crypto Loan Carnival round 26: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Announcement on the increase of borrowing limit coefficients for Bitget spot margin VIP levels
Announcement on the increase of borrowing limit coefficients for Bitget spot margin VIP levels
