Bitcoin Spot ETFs Effect: Bernstein Analysts Revise BTC Target To $200,000, H...
Analysts at global asset management firm Bernstein have revised their former Bitcoin target to $200,000, foreseeing the influx of Spot Bitcoin ETFs inflows catalyzing this massive price surge. Bernstein Analysts Raise Bitcoin Target To $200,000 In a note to clients, Bernstein analysts, Gautam Chhugani and Mahika Sapra predicted that Bitcoin could reach $200,000 by the end of 2025. This new price target comes after analysts foresaw BTC hitting $150,000 earlier in May. At the time, the analysts disclosed that they anticipated about $70 billion in inflows from Spot Bitcoin ETFs between 2024....
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In a recent development, analysts at asset management firm Bernstein have predicted when the US Securities and Exchange Commission (SEC) will likely approve the first Spot Bitcoin ETF. When Will The First Spot Bitcoin ETF Be Approved? According to the analysts, the pending Spot Bitcoin ETF applications could be approved early next year. They made this projection in line with the recent court ruling in the Grayscale case, which they believe could force the SEC’s hands. Related Reading: $200 Million In Crypto Lost As Mixin Network Comes Under Attack The court had ruled in favor of Grayscale....
Crypto analyst Jungle has revealed what to expect if the SEC approves the XRP ETFs. He predicts that these funds could have a similar effect on XRP, just the way the Bitcoin ETFs did on BTC. What Happens If The XRP ETFs Get Approved In an X post, Jungle stated that if a spot XRP […]
Since its inception in 2012, XRP has seen several notable moments and achievements. Despite these significant milestones accomplished over time, one key development is poised to stand out the most and be the next big game-changer for the leading altcoin: the XRP Spot ETFs. Spot ETFs, The Crowning Moment For XRP While the XRP Spot […]
More crypto spot ETFs are a near certainty, according to analysts, which means we may see Dogecoin, Solana, and XRP approved by the end of 2025. James Seyffart joined the hype to announce that the approval odds for the spot crypto ETFs just went above 90%. This comes just two days after Bloomberg analyst, Eric […]
Data shows Bitcoin spot exchange-traded funds (ETFs) have seen netflows flip red, implying a slowdown in demand among institutions. Bitcoin Spot ETFs Have Switched To Net Outflows Recently In a new post on X, on-chain analytics firm Glassnode has discussed about the latest trend in the netflow of the US Bitcoin spot ETFs. The spot […]