Here’s How Much Bitcoin and Ethereum Could Cost With ETFs Boosting
With a strong push from ETFs, a popular analyst believes that BTC could hit $150,000 and ETH $15,000.
According to market analyst Lark Davis, the future looks promising for Bitcoin and Ethereum, he predicts that BTC could hit $150,000 while ETH could soon hit $15,000.
This crazy bullish forecast stems from the significant inflows into Bitcoin ETFs and the upcoming launch of Ethereum ETFs, which are expected to revolutionize the market.
Currently, Bitcoin ETFs continue to expand and receive hundreds of millions of dollars every day. This inflow shows its significant presence and is essential for long-term price appreciation.
Such ETFs provide greater accessibility and regulatory clarity for Bitcoin to large investors, including asset managers and pension funds.
As for Ethereum, it also appears to be on the verge of a major breakthrough with the upcoming launch of its own ETFs. Once trading begins, its performance is expected to mirror the success of Bitcoin ETFs. This is expected to bring in more capital, making ETH one of the most popular cryptocurrencies.
In particular, the entry of retail investors is another important driver that could take Bitcoin and Ethereum to new heights. With access to new investors and fueled by FOMO, both have the potential to see high returns.