🔥🔥🔥WARNING: Bernstein Reports Bitcoin and Ethereum ETF Market Poised to Hit $450 Billion

Based on the potential price increase of BTC and ETH, Bernstein predicted the ETF market could potentially reach a total value of $450 billion

In a recent research report by brokerage firm Bernstein, the Bitcoin and Ethereum exchange-traded fund markets are expected to experience significant growth, potentially reaching a total value of $450 billion.

The expected growth from Bernstein is based on the potential price forecast of the top two cryptocurrencies and could result in more than $100 billion in inflows into crypto ETFs over the next 18 to 24 months.

Bernstein's bullish outlook on the crypto ETF market is driven by their price predictions for Bitcoin and Ethereum. The firm's analysts predict Bitcoin will peak at $150,000 by 2025 and have set a year-end price target of $90,000.

These predictions suggest significant upside potential for the leading crypto asset, which could boost investor interest in Bitcoin ETFs.

As for Ethereum, the second-ranked asset on the market saw a gain of about 26% last week after the SEC approved the 19b-4 filings of eight issuers of spot ETH ETFs.

In particular, after the S1 filing is expected to be approved soon, Ether ETF transactions will begin on major platforms.

The report from Bernstein highlights that the classification of Ethereum as a commodity rather than a security resolves the biggest controversy surrounding it. This will bring clarity and increase investor confidence in Ether ETFs.

Notably, Ether is the first PoS-based token to receive approval for a spot ETF, setting a precedent for other tokens to potentially follow.

Finally, the report also mentions Solana (SOL) as a token that could benefit from this development, as it shares characteristics with Ethereum in terms of its underlying consensus mechanism.

#BTC☀ #etherreum #CryptoDawar #HOTRENDS