According to ChainCatcher, Matthew Sigel, head of digital asset research at VanEck, predicted in the Coin Stories podcast that by 2025, the price of Bitcoin could soar to $180,000! This sounds like a bold number, but Sigel believes that indicators such as funding rates, unrealized profits, and retail speculation support this prediction. 📈
However, the pace of corporate adoption of Bitcoin remains slow. Traditional asset management companies such as Morgan Stanley and Merrill Lynch have not fully adapted to the trend of Bitcoin ETFs due to strict regulations and limitations of traditional portfolio models. 🏦
Currently, about 80% of Bitcoin ETF holders are retail or high-net-worth investors who choose between self-custody and expanded investment. Institutional investors are still on the sidelines and have not yet entered this field in a big way. 🔍