Sid Powell, CEO and co-founder of decentralized finance platform Maple Finance, predicts that by the end of 2025, the price of Bitcoin will be between $180,000 and $200,000.
Sid Powell said, "If you look back at history, when we saw the emergence of gold ETFs, inflows increased significantly in the following years, and I think we can expect the same to happen with Bitcoin ETFs. I think we will see higher inflows in the following years as Bitcoin and cryptocurrencies become core asset allocations for institutional asset managers."
Sid Powell believes that another factor driving the rise in Bitcoin prices is the expectation that the United States will establish a strategic reserve of Bitcoin. (CNBC)