- Steven McClurg predicts Bitcoin reaching $150,000 in 2025.
- Institutional demand and ETF inflows are driving factors.
- Norges Bank increases Bitcoin exposure by 84% in Q2 2025.
Steven McClurg, CEO of Canary Capital, predicts Bitcoin will reach $150,000 in 2025, driven by institutional demand and ETF inflows.
This forecast reflects increased institutional interest in cryptocurrency, influencing market growth and potential volatility, with ongoing ETF activity signaling broader adoption.
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Canary Capital’s CEO, Steven McClurg, has forecast a significant rise in Bitcoin’s value, predicting that the cryptocurrency may reach $150,000 by 2025. This prediction aligns with historical cycles of Bitcoin surges and corrections. There’s a greater than 50% chance that Bitcoin goes to the $140,000 to $150,000 range this year before we see another bear market next year,
said McClurg.
Steven McClurg emphasizes the influence of institutional demand and ETF inflows on Bitcoin’s potential rise. Canary Capital has actively sought SEC approvals for altcoin-focused ETFs, reflecting its engagement with the market’s evolving needs.
The expected growth in Bitcoin’s value is partly due to increased investments by institutional players. For example, Norges Bank has nearly doubled its Bitcoin holdings, which points to wider institutional acceptance of cryptocurrencies.
Institutional investments are projected to affect the larger financial landscape by increasing market liquidity and potentially spurring further regulatory attentiveness. Sovereign wealth funds and corporate treasuries are key players in this expanding trend. These inflows are creating a higher price in Bitcoin.
Institutional activity in cryptocurrencies suggests that the demand for Bitcoin may increase further. Such trends indicate that the regulatory landscape may evolve to accommodate new financial products, like ETFs, that draw from institutional investments and broader market dynamics.
Historical patterns showcase how institutional allocation to Bitcoin can drive prices upwards. However, McClurg anticipates potential market corrections in 2026, following these significant inflows. Investors should monitor ongoing regulatory developments, which are crucial for the cryptocurrency’s continued acceptance.
