JUST IN: $700 Billion asset manager Bernstein says #Bitcoin will hit $90,000 by the end of this year, and $150,000 in 2025. 🚀 https://t.co/aRAb6t3brn
JUST IN: $725 billion asset manager, Bernstein, predicts #Bitcoin will hit $90,000 in 2024 and $150,000 in 2025.
🚨BTC AND ETH ETFS TO GROW TO $450 BILLION SAYS BERNSTEIN ~ UNVEILS BULLISH PRICE PREDICTIONS🚨 - Financial-giant Bernstein’s latest report shares its prediction that the combined assets under management of US ETFs for #Bitcoin and #Ethereum will reach an incredible $450… https://t.co/7d4Mdw4Pyt https://t.co/FmD5zJ8D6A
Bitcoin and Ethereum ETFs are experiencing significant inflows since their launch, with Bitcoin ETFs seeing an average daily inflow of $150 million and a net inflow of $125 million per day. Bitcoin produces $62 million worth of new BTC daily, while Ethereum produces approximately $5 million worth of new ETH daily. Financial giant Bernstein predicts that the combined assets under management of US ETFs for Bitcoin and Ethereum will reach $450 billion. Additionally, Bernstein forecasts that Bitcoin will hit $90,000 by the end of 2024 and $150,000 in 2025. The report also suggests that more than $100 billion will flow into crypto ETFs over the next two years. BTC ETFs hold roughly 4% of the total BTC supply, valued at about $55 billion, which is 11% of ETH's market cap. BTC has seen over $12 billion net inflows from its ETF since they opened, representing 2.36% of ETH's market cap.