21Shares Projects Bitcoin Rebound to $100,000 Year-End Target
2026-06-24 19:39

Woofun AI reports that asset manager 21Shares outlined a year-end Bitcoin price target of $100,000 in its latest semi-annual report. The firm characterized the current market pullback as "generally similar" to post-halving cycles, observing that Bitcoin retreated from an October 2025 peak of approximately $126,000 to trade near $62,000. This level remains above the average investor cost of roughly $54,000, suggesting a milder correction than previous cycles with increased capital retention.

Global cryptocurrency ETPs currently manage approximately $140 billion in assets, holding around 1.25 million BTC. These holdings have declined only about 8% from their previous high, a movement attributed primarily to price volatility rather than significant redemption activity.

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