21Shares dirigeants : le Bitcoin pourrait atteindre 100 000 dollars cette année, les institutions accélèrent leur entrée

Gold Financial reports that on April 30th, Adrian Fritz, Chief Investment Officer of 21Shares, stated that the spot Bitcoin ETF continues to attract capital inflows, reinforcing Bitcoin’s core position in institutional asset allocation, even though the price remains volatile below $80,000. Adrian Fritz pointed out that since the beginning of this year, Bitcoin ETFs have absorbed nearly $2 billion, with sources of funds including retail investors, institutions, and hedge funds engaging in arbitrage and options trading strategies. As traditional asset management firms like Morgan Stanley accelerate their deployment, crypto assets are being more broadly incorporated into multi-asset portfolios. Bitcoin’s current daily trading volume has exceeded $50 billion, with liquidity levels approaching those of large tech stocks like Nvidia. The ETF mechanism provides liquidity in both primary and secondary markets, gradually giving it the attributes of an “institutional-grade asset.”
Although the market remains constrained by macroeconomic and interest rate environments, Adrian Fritz believes that ETF capital inflows have shifted from speculative to structural demand, and expects that, driven by improved geopolitical conditions, sustained capital inflows, and short covering, Bitcoin may challenge the $100,000 mark within the year. Meanwhile, the divergence among altcoins is intensifying, and the market is shifting towards asset selection logic that emphasizes fundamentals and cash flow.