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Bernstein: Bitcoin and Ethereum ETF market size is expected to grow to $450 billion

CointimeCointime2024/05/28 12:49
By:Cointime

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.

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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.

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