Bitcoin is projected to reach $125,000 to $150,000 by the end of 2025, according to Bitwise CIO Matt Hougan, amid current market capitulation signaling a potential reversal. Institutional buying persists despite retail selling, while spot ETFs face outflows and a new XRP ETF gains DTCC listing.
- Bitcoin Price Prediction 2025: Bitwise forecasts $125,000-$150,000, viewing current despair as pre-breakout capitulation.
- XRP ETF Milestone: Amplify’s 3% monthly option income ETF listed on DTCC under XRPM ticker, paving way for U.S. trading.
- ETF Outflows Surge: Bitcoin and Ethereum ETFs lost $797 million on November 4, 2025, marking five straight red sessions with cumulative BTC inflows at $60.42 billion.
What is the Bitcoin Price Prediction for 2025?
The Bitcoin price prediction for 2025 centers on a bullish outlook from Bitwise, with CIO Matt Hougan estimating a range of $125,000 to $150,000 by year-end. This forecast emerges from patterns of retail investor capitulation, where selling peaks signal impending reversals, as seen in historical cycles like 2020. Institutional accumulation continues unabated, supporting long-term growth despite short-term volatility.
How Does the New XRP ETF Impact Crypto Markets?
The Amplify XRP 3% Monthly Option Income ETF, listed on the Depository Trust & Clearing Corporation (DTCC) under the XRPM ticker, introduces a novel income-generating product for XRP holders. This ETF employs covered call strategies to target approximately 3% monthly yields, mirroring successful equity income funds but tailored to digital assets. According to the preliminary prospectus, it will trade on the Cboe BZX exchange and redeem shares in institutional creation units, potentially broadening XRP’s appeal in U.S. markets.
Supporting data from market analysts indicates this listing completes the final regulatory hurdle, enabling brokerages to process transactions. As one of the few cryptocurrencies—alongside Bitcoin and Ethereum—with derivative ETF infrastructure in the pipeline, XRP could see increased institutional interest. Expert commentary from financial observers notes that such products foster capital rotation rather than flight, even in risk-averse environments. For instance, Solana’s spot ETF raised over $400 million in its debut week amid broader market corrections, highlighting resilience in targeted assets.
The structure emphasizes passive income, drawing XRP positions into a yield-focused vehicle. This development aligns with growing demand for crypto derivatives, as evidenced by persistent inflows into major Bitcoin ETFs like IBIT, FBTC, and GBTC during dips. Hougan from Bitwise has observed that advisory firms and funds maintain buying pressure, underscoring ETF listings as catalysts for stabilization.
Frequently Asked Questions
What Are the Latest Bitcoin ETF Outflows in 2025?
On November 4, 2025, spot Bitcoin ETFs recorded $577.7 million in net outflows, contributing to a five-session streak of withdrawals. This reduced cumulative net inflows to $60.42 billion, per data from SoSoValue, reflecting institutional caution amid capital exhaustion.
Is the Crypto Market Entering a Winter in 2025?
The crypto market shows fragility with Bitcoin dipping below $100,000 and Ethereum around $2,900, but experts like Bitwise’s Matt Hougan see this as temporary capitulation before a rebound. Institutional holding patterns and new ETF listings suggest rotation, not recession, offering hope for recovery if key supports hold.
Key Takeaways
Takeaway 1: Bitwise’s prediction of $125,000-$150,000 for Bitcoin by 2025 hinges on retail despair marking cycle bottoms, with historical parallels to 2020’s pre-bull run.
Takeaway 2: The XRPM ETF’s DTCC listing enables 3% monthly yields via XRP options, positioning it as a pioneering income tool and boosting U.S. crypto derivatives access.
Takeaway 3: Monitor $100,000 BTC support; defending it could spark a rebound to $112,000, while ETF outflow trends demand vigilance on institutional buying versus mined supply.
Conclusion
In summary, the Bitcoin price prediction for 2025 remains optimistic at $125,000-$150,000 per Bitwise analysis, even as XRP ETF developments and $797 million in Bitcoin and Ethereum outflows highlight market tensions. These elements underscore a landscape of capitulation and rotation, where institutional resilience could drive recovery. Investors should watch key price levels closely, preparing for potential upside as sentiment shifts toward renewal in the coming months.
The crypto markets entered midweek under significant pressure, driven by capital exhaustion rather than traditional factors like regulation or interest rates. Institutional buying has moderated, with spot ETF flows recording five consecutive days of outflows. Bitcoin briefly fell below the critical $100,000 psychological barrier, evoking memories of past “Black Friday” lows, before stabilizing around $101,800.
Bitwise CIO Matt Hougan countered the prevailing panic, noting retail investors in “maximum despair mode,” offloading positions at every dip and exiting the market. Bitwise’s proprietary flow data illustrates this as classic pre-reversal capitulation, characterized by forced liquidations and profit-taking among individuals. In contrast, institutional entities—major advisory firms, funds, and ETF providers—continue accumulating Bitcoin, undeterred by corrections.
Flows into prominent ETFs such as BlackRock’s IBIT, Fidelity’s FBTC, and Grayscale’s GBTC persist, even in downturns. Similarly, the Solana Spot ETF (BSOL) amassed over $400 million in its inaugural week, despite a broader aversion to risk assets. This indicates capital reallocating within crypto, not fleeing entirely.
Hougan projects the selling pressure culminating soon, reiterating targets of $125,000-$130,000 as a baseline and up to $150,000 in an optimistic scenario if institutional sentiment firms up by December. He draws parallels to 2020, when sentiment cratered just before a major upward surge.
Shifting to XRP, the Amplify XRP 3% Monthly Option Income ETF (XRPM) secured its DTCC listing, the essential precursor to live trading. This clearance allows brokers and market makers to handle fund transactions seamlessly. The XRPM ticker solidifies its readiness for brokerage integration, heralding the debut of an XRP-derived income product in the U.S.
Crafted for roughly 3% monthly yields through covered calls on XRP holdings, the ETF adapts proven equity income models to cryptocurrencies. Its prospectus outlines trading on Cboe BZX, with redemptions limited to institutional creation units. Should implementation proceed smoothly, XRP joins Bitcoin and Ethereum in possessing comprehensive U.S. ETF frameworks, both spot and options-based.
Turning to outflows, November 4, 2025, data revealed stark declines: spot Bitcoin ETFs shed $577.7 million, while spot Ethereum ETFs lost $219.3 million, totaling $797 million in a single day—the heaviest combined outflow since mid-September. Over five sessions, BTC and ETH funds experienced uninterrupted net withdrawals, trimming Bitcoin’s total inflows to $60.42 billion and Ethereum’s to $14.01 billion.
The prior week already signaled strain, with Bitcoin down $798.95 million and Ethereum marginally positive. SoSoValue’s tracking confirms this as the most acute Q4 drop. Market response was swift: Bitcoin traded under $100,000 overnight, recovering to $101,800 by Wednesday, while Ethereum lingered near $2,900 after testing $3,200 highs.
Charles Edwards of Capriole Investments voiced alarms in a recent analysis, pointing out that institutional net buying has dipped below daily mined supply for the first time in seven months—a distribution signal. He cautioned, “When institutions stop buying, run.” Weekly figures from SoSoValue show Bitcoin inflows falling $764.25 million and Ethereum $355.13 million.
Looking ahead, the market’s vulnerability persists, but upcoming sessions could clarify if this is a maturing correction or the onset of a deeper downturn. For Bitcoin, defending $100,000 averts potential cascades to $93,000; retention there might propel it to $112,000 resistance. Ethereum faces mounting pressure below $3,300—holding could yield a push to $3,700, but breach shifts eyes to $2,500 and a subdued Q4.
XRP consolidates precariously near $2.20, buoyed by ETF enthusiasm above $2 support. A close above $2.50 would validate upward momentum, whereas a slip under $1.90 negates it. Overall, while tensions mount from exhausted capital and ETF reds, signs of institutional fortitude and innovative products like XRPM offer counterbalance, potentially averting a full crypto winter.




