On-chain analyst Willy Woo says Bitcoin could hit the $125,000 mark at a “minimum” this year if financial giants BlackRock and Fidelity allocate relatively conservative amounts of capital.
Woo tells his 1 million followers on the social media platform X that if clients of the two firms decide to rotate 3 of assets to Bitcoin, BTC can easily hit the $2.5 trillion market cap level.
-->“BTC price will go past $125k minimum before the end of 2025 just from Blackrock and Fidelity clients if they rotate 3 exposure to #Bitcoin.
These are their most optimistic portfolio allocation recommendations:
Blackrock ($9.1T): 84.9
Fidelity ($4.2T): 3”
Recently, Fidelity’s Canadian subsidiary revealed a 1-3 allocation to crypto assets in its “Fidelity All-in-One Conservative ETF” which currently has just under $200 million in net assets under management.
Bitwise CIO Matt Hougan commented on the ETF, saying,
“Fidelity has a 1-3 bitcoin allocation in their ‘All-in-One’ asset allocation funds in Canada, using spot bitcoin ETFs. The “Conservative” version is posted below.
When and if this becomes the norm for portfolios in the US, wow…”
Source: Matt Hougan/XAccording to Woo, the $125,000 price target is still conservative given that Fidelity and Blackrock’s assets are still only a small portion of the available global wealth.
“Very conservative as it’s only $13.3T of global wealth accounted for. There’s $500T out there, presumably quite a bit of this comes on because of this validation from the largest asset managers.”
At time of writing, Bitcoin is trading at $66,504, up $67,222.
