Bitcoin Bull Run just gets started as settings, says Bernstein

Bitcoin‘s Bull Run continues – thanks to the large money institutions.

According to a report from the global investment company Bernstein, which said on Monday that investors should be prepared for a further meeting in the active and shares related to this.

Analysts Gautam Chhugani, Mahika Sapra and Sanskar Chindalia wrote that the Bull Run was inflamed by the prospect and later approval of Bitcoin exchange-related funds In the US, and then continued by the election of crypto-friendly Donald Trump. They have to come more, they said, while institutional money continues to flow in space.

“The confluence of adoption by banks, institutional investors, companies and ultimately sovereigns (directly or via sovereign funds) positions Bitcoin as the clear challenger for gold,” was the report.

The Price of Bitcoin Has made new highlights since the new Bitcoin ETFs started acting a year ago. And after President Trump’s election in November, it actively broke the long -awaited $ 100,000 mark.

Coingecko shows that it is now being traded for $ 96,044 per coin – the gaps of more than 86% in the past year.

Bernstein -analysts added the sovereign power fund of Abu Dhabi buy Bitcoin via the ETFs was Bullish for the active.

Last week an application showed that the Mubadala Investment Company – which manages the investments for the Arab government – had spent $ 436 million in buying BlackRock’s Spot Bitcoin ETF.

Bitcoin and Ethereum ETFs have those who are previously locked up from the world of Crypto investing, so that this is invested by buying shares in funds that follow the price of these assets and trade at American stock exchanges.

Bernstein revealed data that shows that top institutions – including Jane Street Group, Citadel Advisors and Morgan Stanley – all bought hundreds of millions of dollars in the funds.

Bernstein analysts have previously predicted that the price of Bitcoin would hit $ 200,000 per coin by the end of 2025.