FameEX Hot Topics | Bitcoin ETFs Approach $110 Billion as Analyst Forecasts $200K BTC in 2025

U.S.-based spot Bitcoin exchange-traded funds (ETFs) now hold over 5.7% of the total Bitcoin supply, highlighting their growing influence in the cryptocurrency market. Analysts view this development as a potential driver for Bitcoin’s price to reach $200,000 in 2025, fueled by rising institutional adoption and increasing market confidence.

Spot Bitcoin ETFs in the U.S. saw record growth throughout 2024, helping Bitcoin surpass the $100,000 milestone. According to Dune data, U.S. Bitcoin ETFs are just 2.2%, or $2.2 billion, away from reaching $110 billion in total holdings. This rapid expansion underscores their role as a key factor influencing Bitcoin’s price performance and broader market trends.

BlackRock, the world’s largest asset manager, dominates the U.S. Bitcoin ETF market. Its iShares Bitcoin Trust ETF currently holds over 542,000 BTC, valued at approximately $51.5 billion, and represents 47.9% of the total U.S. Bitcoin ETF market. ETF Database ranks BlackRock’s fund as the 34th-largest ETF globally, spanning both cryptocurrency and traditional financial products, reinforcing its dominant market position.

Bitcoin ETFs have played a significant role in Bitcoin’s rally, contributing 75% of new investments and pushing prices above $50,000 by mid-February 2024. Analysts expect BlackRock’s ETF to further accelerate institutional adoption by offering easier access for large investors. Some forecasts predict Bitcoin could potentially reach $200,000 in 2025, but analysts caution that this outlook depends on regulatory developments, market conditions, and broader economic trends.

Despite optimistic projections, Bitcoin faces challenges in reclaiming the $100,000 level. Key resistance levels are currently at $97,600 and $99,000, according to CoinGlass data. Analysts suggest that breaking above $99,000 could trigger the liquidation of over $1 billion in leveraged short positions, potentially opening the door for further price gains and sustained 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.