According to Deep Tide TechFlow news, on December 17, VanEck's Head of Digital Assets Research, Matthew Sigel, made important remarks on the Coin Stories podcast. He stated that although the price of Bitcoin has surpassed $107,000, corporate adoption still appears insufficient. Based on key indicators such as funding rates, unrealized profits, and retail speculation, it is expected that the price of Bitcoin could reach $180,000 by 2025.
Sigel pointed out that VanEck has been bullish on Bitcoin since 2017, but the adoption rate among traditional financial institutions has been slow. Currently, about 80% of Bitcoin ETF holders are retail or high-net-worth investors, who are either shifting from self-custody to diversified investments or expanding their existing holdings. Traditional asset management firms like Morgan Stanley and Merrill Lynch remain cautious about adopting Bitcoin ETFs due to strict regulatory frameworks and the traditional 60-40 portfolio model.
Sigel added that Bitcoin's properties as an inflation hedge and digital gold are strengthening, especially in countries facing double-digit inflation, where Bitcoin can effectively guard against government currency devaluation and asset confiscation.
