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BCH $203.43 -1.13%
LINK $9.35 -0.48%
HYPE $57.11 +1.67%
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ZEC $486.39 -0.91%

Bernstein: The market size of Bitcoin and Ethereum ETFs is expected to grow to $450 billion

2024-05-28 20:09:35

ChainCatcher news, brokerage firm Bernstein stated in a research report on Tuesday that, according to its cryptocurrency price predictions, the market size for 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, the inflow of funds into cryptocurrency ETFs will exceed $100 billion."
Bernstein predicts that the peak of the Bitcoin cycle will reach $150,000 in 2025, with a year-end target price of $90,000.

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