FameEX Hot Topics | Bitcoin ETFs Near $110 Billion as Analyst Predicts $200K BTC by 2025

U.S.-based spot Bitcoin exchange-traded funds (ETFs) now control over 5.7% of the total Bitcoin supply, signaling their growing influence in the crypto market. Analysts see this development as a potential catalyst for Bitcoin’s price to surge toward $200,000 in 2025, driven by increasing institutional adoption and market optimism.

Spot Bitcoin ETFs in the U.S. experienced record-breaking growth throughout 2024, helping Bitcoin surpass the $100,000 price milestone. According to Dune data, U.S. Bitcoin ETFs are only 2.2%, or $2.2 billion, away from reaching $110 billion in cumulative holdings. This rapid expansion highlights their role as a major force shaping Bitcoin’s valuation and broader market trends.

BlackRock, the world’s largest asset manager, continues to dominate the U.S. Bitcoin ETF market. Its iShares Bitcoin Trust ETF holds more than 542,000 BTC, valued at approximately $51.5 billion, and accounts for 47.9% of the total market share among U.S. Bitcoin ETFs. ETF Database ranks BlackRock’s fund as the 34th-largest ETF globally, including both traditional finance and cryptocurrency products, underscoring its significant market presence.

Bitcoin ETFs have been instrumental in Bitcoin’s price rally, with U.S. spot ETFs contributing 75% of new investments, pushing the price past $50,000 by mid-February 2024.  Analyst expects BlackRock’s ETF to further drive institutional adoption by simplifying access for large investors. Forecasts that Bitcoin could potentially reach $200,000 in 2025, though warns that regulatory developments, market dynamics, and economic conditions will influence the trajectory.

Despite bullish projections, Bitcoin faces challenges reclaiming the $100,000 mark. Current resistance levels are at $97,600 and $99,000, according to CoinGlass data. Analysts suggest a breakout above $99,000 could trigger the liquidation of over $1 billion in leveraged short positions, potentially paving the way for further price increases and market growth.

Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.