With US-based Bitcoin ETFs reaching close to 110 billion USD, their influence on Bitcoin’s market is significant. Having captured about 47.9% of the US market share, BlackRock’s iShares plays a pivotal role in institutional investments driving Bitcoin’s price surge.
Analysts anticipate Bitcoin to climb to 200,000 USD by 2025, primarily due to increasing ETF involvement. Institutional investments are accounted for 75% of new inflows. However, market dynamics, regulations, and economic conditions will shape this trajectory.