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

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2024-05-28 12:22:35
Brokerage firm Bernstein said in a research note on Tuesday that the Bitcoin and Ethereum ETF market size is expected to grow to $450 billion based on its cryptocurrency price forecast. "This means that inflows into cryptocurrency ETFs will exceed $100 billion over the next 18-24 months," analysts Gautam Chhugani and Mahika Sapra wrote. Bernstein predicts that the Bitcoin cycle high will reach $150,000 in 2025, with a year-end target of $90,000.
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