BlackRock ETF to Buy Before It Soars Up to 140% in 2025, According to Certain Wall Street Analysts
Sunday, Jan 19, 2025 3:55 am ET
3min read As we step into 2025, investors are looking for opportunities to grow their portfolios. One ETF that has caught the attention of Wall Street analysts is the iShares Bitcoin Trust (IBIT) by BlackRock. With the potential for a 140% upside in 2025, this ETF could be an attractive addition to your portfolio. Let's explore the factors contributing to this significant upside potential and why certain analysts are bullish on this ETF.
Spot Bitcoin ETFs, such as the iShares Bitcoin Trust, have seen strong demand from institutional investors since their launch in early 2024. This demand is driven by several factors, including ease of access, lower fees, and record-breaking asset growth. Additionally, institutional adoption of Bitcoin is increasing, with 70 publicly traded companies now having Bitcoin on their balance sheets. Even a small fraction of the $120 trillion in assets controlled by institutional investors allocated to Bitcoin could push its price much higher.
Several Wall Street analysts have set price targets for Bitcoin in 2025, implying significant upside from its current price. Matthew Sigel, head of digital asset research at VanEck, thinks Bitcoin could hit $180,000 in 2025, implying 73% upside from its current price of $104,000. Gautam Chhugani, managing director at Bernstein, thinks Bitcoin could hit $200,000 in 2025, implying 92% upside. Tom Lee, head of research at Fundstrat Global Advisors, thinks Bitcoin could top $250,000 in 2025, implying 140% upside. These targets for the iShares Bitcoin Trust imply identical gains, suggesting that the ETF is expected to track the performance of Bitcoin closely.
Changes in the regulatory landscape are also expected to boost demand for Bitcoin and the iShares Bitcoin Trust. The Bitcoin Act, introduced by Senator Cynthia Lummis, R-Wyo., would establish Bitcoin as a reserve asset, positioning the U.S. government as a buyer of Bitcoin. This demand could drive its price higher and further legitimize the cryptocurrency.
In conclusion, the iShares Bitcoin Trust by BlackRock has the potential for a 140% upside in 2025 due to strong demand from institutional investors, increasing institutional adoption, and a more favorable regulatory environment. With several Wall Street analysts setting bullish price targets for Bitcoin, this ETF could be an attractive addition to your portfolio. However, as with any investment, it is essential to conduct thorough research and consider your risk tolerance before making a decision.
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