“We believe the crypto market is amidst unprecedented institutional adoption,” analysts Gautam Chhugani and Mahika Sapra wrote. Spot bitcoin exchange-traded fund (ETF) assets under management may surge to as high as $300 billion by 2025. It expects an ether ETF to become available within 12 months.
Robinhood to Benefit From ‘Monster’ Crypto Cycle, Initiated Outperform by Bernstein
