Galaxy Digital’s research arm is making bold predictions for the future of Bitcoin (BTC) and Ethereum (ETH) in 2025. According to Alex Thorn of Galaxy Research, Bitcoin is expected to surge by almost 100% from its current levels before the end of 2025. Thorn believes that Bitcoin will surpass $150,000 in the first half of the year and could reach or even exceed $185,000 by the fourth quarter of 2025. This surge is attributed to the increasing adoption of Bitcoin by institutions, corporations, and even nation-states. Thorn also notes that Bitcoin has historically outperformed other asset classes such as the S&P 500 and gold, and this trend is expected to continue in 2025, with Bitcoin potentially reaching 20% of gold’s market cap.
Thorn also predicts significant growth for Bitcoin exchange-traded products (ETPs) in 2025, with a projected inflow of tens of billions of dollars. In 2024, Bitcoin ETPs saw over $36 billion in net inflows, with major hedge funds like Millennium, Tudor, and D.E. Shaw investing in them. The State of Wisconsin Investment Board also bought a position in Bitcoin ETPs. Thorn expects US spot Bitcoin ETPs to collectively reach $250 billion in assets under management in 2025, with the potential to surpass the AUM of all US physical gold ETPs.
On the other hand, Ethereum is also expected to see significant growth in 2025, with Thorn predicting that Ether will trade above $5,500. Regulatory support for decentralized finance (DeFi) and staking is expected to drive Ethereum to new all-time highs. Thorn also anticipates new partnerships between DeFi and traditional finance, which could lead to increased adoption of Ethereum and its ecosystem. Additionally, corporations are likely to explore their own layer-2 networks based on Ethereum technology, further driving the growth of the platform. NFT trading volumes are also expected to rebound in 2025.
As of the current writing, Bitcoin is trading at $93,687, while Ethereum is trading at $3,420. These predictions provide an optimistic outlook for the future of both cryptocurrencies, with potential for significant growth and adoption in the coming years. Stay updated with the latest developments in the crypto space by subscribing to email alerts and following on social media platforms like X, Facebook, and Telegram.
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