Bitcoin ETFs See Mixed Predictions for 2025 Performance
Bloomberg Intelligence's James Seyffart noted a surprising reception for US spot bitcoin ETFs one year after their launch. Fidelity Investments reported demand exceeding expectations, with its Wise Origin Bitcoin Fund (FBTC) accumulating $12.2 billion in net inflows, second only to BlackRock’s iShares Bitcoin Trust (IBIT) at $37.7 billion.
Key points include:
- Fidelity anticipates increased bitcoin ETF usage in 2025, based on positive client interactions.
- Bitwise CEO Hunter Horsley stated the market is moving from early adopters to early majority.
- Zacks Investment Research highlighted that future inflows depend on bitcoin performance.
- Recent outflows from US bitcoin funds totaled $569 million and $149 million, linked to a price drop.
- Potential US strategic bitcoin reserve could boost ETF demand.
- Investors may support bitcoin prices by rebalancing during downturns.