Sid Powell, CEO and co-founder of the decentralized finance platform Maple Finance, predicts that by the end of 2025, the price of Bitcoin will be between $180,000 and $200,000. Sid Powell said, "If you look back in history when we saw gold ETFs emerge, there was a significant increase in capital inflows in subsequent years. I think we can expect to see this with Bitcoin ETFs as well. I believe that as Bitcoin and cryptocurrencies become core asset allocations for institutional asset managers, we will see higher capital inflows over the next few years."
Sid Powell believes another factor driving up the price of Bitcoin is expectations for the United States to establish strategic reserves of Bitcoin.