BDE Ventures CEO: By the first quarter of 2025, the size of Bitcoin ETFs in spot market will exceed 100 billion US dollars

BDE Ventures CEO Brian Evans stated that by the first quarter of 2025, the fund size offered by BlackRock's iShares subsidiary, Fidelity and Ark Investment could double, reaching over $100 billion in assets. Evans said he believes the total capital held by these U.S. spot Bitcoin ETFs could double by the end of this year or early next year. To reach the $100 billion mark, Brian Evans said that Bitcoin's price must hit a target of $100,000 by the end of third quarter.