‘We Expect Bitcoin to Top $200K by the End of Year’, Says Bitwise CIO
2025-07-12 13:54:02
Main Idea
Bitwise Asset Management's CIO predicts Bitcoin will surpass $200,000 by the end of 2025, as Bitcoin reaches new all-time highs and major corporations expand their Bitcoin treasuries.
Key Points
1. Bitcoin traded between $116,623 and $118,123 in the past 24 hours, setting a new all-time high of $118,667.
2. BlackRock's spot Bitcoin ETF (IBIT) reached $80 billion in assets under management (AUM), the second fastest ETF to achieve this milestone.
3. Bitwise Asset Management's CIO stated in interviews with CNBC and Yahoo Finance that Bitcoin could exceed $200,000 by the end of 2025.
4. Major corporations are increasing their Bitcoin treasuries, indicating growing institutional interest in Bitcoin.
Description
At the time of writing bitcoin (BTC) is hovering around the $118,000 level, flirting with the idea of setting a new all-time high this weekend. On Friday, Bloomberg Senior ETF Analyst Eric Balchunas noted on X that BlackRock's spot Bitcoin ETF (IBIT) had reached an important milestone at the close of trading on the previous day, becoming the fastest ETF to get to $80 billion in assets under management (AUM). The second fastest ETF to get to this level was Vanguard's S&P 500 ETF (VOO), which got ...
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