Bitwise has reaffirmed its bullish call for Bitcoin to reach $200,000 by year-end.
The firm believes institutional interest and regulatory support will drive Bitcoin's rise, but is less confident about Ethereum and Solana.
Bitwise's 2025 predictions remain largely on track, including expectations for Bitcoin ETF inflows and crypto unicorns going public.
Some forecasts, like a meme coin surge and Coinbase surpassing Charles Schwab in market cap, are not expected to materialize within the 2025 timeframe.