21Shares expects Bitcoin could rebound to $100,000 by year-end

PA一线
PA一线
PANews, June 24 – According to a report by The Block, asset management firm 21Shares stated in its latest semi-annual report that Bitcoin’s current pullback is “broadly similar” to its performance after previous halvings, and it set a baseline year-end price target of around $100,000. The report noted that Bitcoin has retreated after hitting a high of approximately $126,000 in October 2025 and is now trading around $62,000, still significantly above the average cost basis of roughly $54,000 for all investors, and has not yet broken below that cost range. 21Shares believes this indicates the current pullback is milder than in past cycles, with market capital showing greater stickiness. Meanwhile, global crypto ETPs manage around $140 billion in assets, collectively holding approximately 1.25 million BTC, down only about 8% from the previous peak, primarily driven by price fluctuations rather than large-scale redemptions.
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