Time:2025-02-18 Click:597
According to Odaily, a recent report by global investment firm Bernstein suggests that investors should prepare for further increases in Bitcoin-related assets and stocks. Analysts indicate that the Bitcoin bull market is likely to persist as institutional funds continue to flow into the sector. The report highlights that the collective adoption by banks, institutional investors, corporations, and sovereign nations, either directly or through sovereign funds, positions Bitcoin as a significant challenger to gold. Analysts also noted that the Abu Dhabi sovereign wealth fund's purchase of Bitcoin through an ETF is favorable for its future trajectory. Disclosed data reveals that top institutions, including Jane Street Group, Citadel Advisors, and Morgan Stanley, have collectively invested hundreds of millions of dollars in Bitcoin ETFs. Bernstein analysts have previously predicted that Bitcoin could reach $200,000 by the end of 2025.
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