From Financial Modeling Prep: 2025-06-10 08:50:00

Bernstein analysts maintain a $200,000 Bitcoin price target, noting institutional interest in blockchain beyond Bitcoin’s narrative. Factors include $120 billion in Bitcoin ETF assets, macro hedge appeal, and the blurring line between blockchain and crypto with stablecoins, tokenization, and open financial rails.

Institutionalization expands with Ethereum ETFs holding $9 billion, signaling confidence in blockchain use cases. Ethereum’s role in DeFi, NFTs, and layer-2 scaling positions it as a decentralized computer for emerging financial applications. Bernstein anticipates a convergence of Bitcoin’s store-of-value thesis and Ethereum’s programmable rails, driving blockchain’s value proposition.



Read more at Financial Modeling Prep:: Bernstein Sticks with $200K Bitcoin Forecast as Bl…