bullish

Bitcoin ETF

Bitcoin

The Bitcoin price may soar to $200k in 2025 due to strong institutional demand, Bitfinex said.
Analysts from Bitfinex, the eleventh largest crypto exchange by trading volume, said in a Dec.17 market <a href="https://blog.bitfinex.com/wp-content/uploads/2024/12/Bitfinex-Alpha-135.pdf" rel="noopener noreferrer nofollow">report</a> that their minimum Bitcoin price estimate stands “at $145,000 by mid-2025.” 
In their best case scenario, the analysts predicted that BTC’s price will double in 2025 to reach $200,000 “under favorable conditions.”
Their predictions are based on the belief that US spot <a href="https://insidebitcoins.com/news/bitcoin-price-hits-new-all-time-high-above-106k-as-best-wallet-token-presale-surpasses-4-5m" rel="noopener noreferrer nofollow">Bitcoin</a> ETF (exchange-traded fund) inflows will pick up next year while global and institutional adoption of BTC simultaneously increases.
<img decoding="async" class="alignnone" src="https://image.cnbcfm.com/api/v1/image/106911087-16263029762021-07-12t182451z_1049474836_rc26jo9ua1af_rtrmadp_0_fintech-crypto-flows.jpeg?v=1697805205" alt="Bitcoin" width="3500" height="2192">
<h2 id="span-style-font-weight-400-bitcoin-price-volatility-could-pick-up-in-q1-of-2025-before-bullish-trend-continuation-span">Bitcoin Price Volatility Could Pick Up In Q1 Of 2025 Before Bullish Trend Continuation</h2>
So far this year, <a href="https://insidebitcoins.com/news/mt-gox-moves-over-172-million-in-bitcoin-to-unknown-wallets-shortly-after-btc-set-a-new-ath-above-107k" rel="noopener noreferrer nofollow">Bitcoin</a> has soared more than 150%. This is after the largest crypto by market cap underwent a 2% <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">correction</a> in the last 24 hours to trade at $103,277.49 as of 1:45 a.m. EST. 
The Bitfinex analysts predict that BTC will experience some mild volatility in the first quarter of 2025. But they maintain a bullish outlook on the leading crypto, saying that BTC’s long-term positive trend will likely continue and its price should keep climbing in 2025. 
<h2 id="span-style-font-weight-400-bitcoin-etfs-flip-gold-funds-in-aum-span">Bitcoin ETFs Flip Gold Funds In AUM</h2>
The Bitfinex analysts’ prediction that funds will continue to flow into spot BTC ETFs comes as these Bitcoin-focused investment products flipped gold funds in assets under management (AUM). Data from K33 Research shows that US BTC ETFs collectively broke $129 billion on Dec. 16.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 gm!
 U.S. Bitcoin ETFs flipped U.S. gold ETFs AUM yesterday. <a href="https://t.co/OVYjKGXtuv" rel="noopener noreferrer nofollow">pic.twitter.com/OVYjKGXtuv</a>
 — Vetle Lunde (@VetleLunde) <a href="https://twitter.com/VetleLunde/status/1868945665235308620?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 17, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Bloomberg ETF analyst Eric Balchunas <a href="https://x.com/EricBalchunas/status/1869032761207742717" rel="noopener noreferrer nofollow">commented</a> on the milestone, and said that it is “unreal” that Bitcoin funds are even competing with gold in this way after just 11 months.
US Bitcoin ETFs <a href="https://farside.co.uk/btc/" rel="noopener noreferrer nofollow">posted</a> $493.9 million net inflows yesterday. BlackRock’s IBIT pulled in the highest amount of capital with $741.4 million inflows. WisdomTree’s BTCW and Grayscale’s BTC were the only other funds to record net inflows.
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Bitcoin Price Could Hit $200K In 2025 Amid Rising Institutional Demand, Bitfinex Says

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