Bernstein, an investment research firm, said in a research report that the slowdown in Bitcoin spot ETF inflows is a brief pause before ETFs become more integrated with private banking platforms, wealth advisors and more brokerage platforms, rather than the beginning of a worrying trend.
Bernstein's expectation that Bitcoin prices will reach a high of $150,000 in 2025 remains unchanged because "unprecedented ETF demand inflows further strengthen our confidence." After the halving, the Bitcoin mining cycle remains healthy. (CoinDesk)