Gautam Chugani and Mahika Sapra noted that Bitcoin spot ETF inflows have exceeded $2 billion in the past two weeks. The experts say the market is yet to assess the regulatory landscape as the White House changes administrations.
“We see significant upside potential for Bitcoin and other digital assets from institutional investment,” the analysts said.
Bernstein also pointed to favorable prospects for shares of Marathon, Riot and CleanSpark, which are capable of increasing their share of the Bitcoin mining market, including through additional capital inflows from investors.
According to analysts, there is also growth potential for shares of online broker Robinhood, as well as MicroStrategy, thanks to its active strategy in accumulating the first cryptocurrency. Bernstein experts suggest that the Bitcoin rate will be at least $200,000 by the end of 2025, and $500,000 by the end of 2029.
Earlier, Bernstein stated that the “Goldilocks scenario” for miners in the US is becoming increasingly realistic. In addition, the “Trump factor” will also have a positive impact on the development of the industry.
Source: Bits
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