Pantera Capital Dan Morehead remains bullish on Bitcoin in 2025
Dan Morehead, founder and managing partner at cryptocurrency-focused hedge fund Pantera Capital, has predicted that 2025 is going to be a big year for Bitcoin and stablecoins during a recentMorehead expects that clear regulations will allow more institutions to come into the space."Presently, most institutions have almost zero exposure to blockchain. Once, they start engaging in the space, it should do well," he noted.
As reported by U.Today, asset management giant BlackRock recently recommended a 1-2% Bitcoin allocation for investors with multi-asset portfolios. Galaxy CEO Mike Novogratz that this recommendation was a"massive" moment for crypto, with many Bitcoin advocates assuming that this will lead to broader institutional adoption. As reported by U.Today, Bitwise recently predicted that Bitcoin ETFs could end up attracting even more inflows in 2025 compared to 2024.
According to Morehead, significantly more people are interested in getting exposure to Bitcoin than last year. The hedge fund manager has also opined that there was hardly anything"remarkable" about the Bitcoin price doubling in value this year. Pantera Capital remains bullish since Morehead believes that the market still has much more room for growth. predictedAlex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption.
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