BlockBeats News, January 2nd, according to Cointelegraph, Bitget Research Chief Analyst Ryan Lee said that Belrde's Bitcoin ETF is expected to attract more institutions to adopt Bitcoin by 2025 by simplifying the investment channel for large investors. The new ETF milestone and Belrde's growing funds could push Bitcoin to $200,000.
Ryan Lee stated, "Long-term forecasts suggest that Bitcoin will continue to grow, with some predicting the value of Bitcoin will reach $200,000 by 2025. However, Bitcoin's trajectory will be influenced by regulatory developments, market dynamics, and broader economic conditions."