Bitcoin (BTC) and ether (ETH) exchange-traded funds are projected to grow into a $450 billion market, based on crypto price forecasts from broker Bernstein, as stated in a research report on Tuesday. Analysts Gautam Chhugani and Mahika Sapra predict flows exceeding $100 billion into crypto ETFs over the next 18-24 months. Bernstein forecasts a bitcoin cycle high of $150,000 in 2025, with a year-end price target of $90,000. Ether’s recent 26% gain follows the SEC’s approval of spot ETH ETF issuers, marking ether as the first proof-of-stake token approved as a spot ETF, potentially setting a precedent for other blockchain tokens like solana (SOL).
