BDE Ventures CEO: By the first quarter of 2025, the size of the spot bitcoin ETF will exceed $100 billion
2024-05-02 18:00:28
Brian Evans, CEO of crypto investment firm BDE Ventures, said funds offered by BlackRock's iShares subsidiary, Fidelity and Ark Investment could double to more than $100 billion in assets by Quarter 1 2025. Evans said, I think the total capital held by these U.S. spot bitcoin ETFs could double by the end of this year or early next year.
Brian Evans said that to reach the $100 billion mark, the price of bitcoin must reach the $100,000 target by the end of the third quarter.