Bitcoin ETFs fuel institutional surge, 21Shares' CIO sees $100K possible by year-end
CoinDesk
Institutional Bitcoin ETF inflows and growing market liquidity support 21Shares CIO Adrian Fritz's year-end price target of $100,000.Summary
Bitcoin is seeing a structural shift in demand driven by institutional adoption and significant inflows into spot ETFs, according to 21Shares CIO Adrian Fritz. Despite recent price volatility, Bitcoin now boasts daily trading volumes exceeding $50 billion, positioning it as an institutional-ready asset. While macro factors like inflation data and geopolitical tensions remain key, Fritz anticipates a move toward the $100,000 mark by the end of the year as portfolios increasingly integrate Bitcoin as a viable multi-asset allocation.
(Source：CoinDesk)