Crypto News, according to The Block, the asset management firm 21Shares stated in its semi-annual report that the current pullback in Bitcoin's price is similar to previous halvings, and it is expected to rebound to $100,000 by the end of the year. Bitcoin reached a high of $126,000 in October 2025 before falling back to $62,000, still above the average investor cost of $54,000. The global cryptocurrency ETPs manage approximately $140 billion in assets, holding about 1.25 million BTC, down about 8% from the previous high.

BTC-4.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • 1
  • Share
Comment
Add a comment
Add a comment
MountainBeforeTheStorm
· 5h ago
The 21Shares report is quite interesting. The script after each halving has indeed been similar, but this time the macro environment is more complex—by the end of the year, I only believe half of $100,000.
View OriginalReply0
GateUser-9187acf1
· 5h ago
Halving cycle mysticism + institutional endorsement, retail investors need to have faith again, I'll first see how the Federal Reserve looks.
View OriginalReply0
QuantizedDaydream
· 5h ago
62k still above the average cost, indicating that most people are not panicking; that 1.25 million BTC in the ETP is the real ticking time bomb.
View OriginalReply0