According to Odaily Planet Daily, crypto fund issuer VanEck analyst Nathan Frankovitz and head of digital asset research Matthew Sigel stated in their latest report that ETPs (primarily exchange-traded funds) and treasury firms purchased 54,000 and 72,000 BTC, respectively, in July. They predict that the Bitcoin price could reach $180,000 by the end of 2025. VanEck noted a polarized outlook among publicly traded Bitcoin mining companies, with APLD and Bitfarms rising 54% and 16%, respectively, while Cipher Mining fell 22%. Furthermore, the stock prices of publicly traded Bitcoin treasury firms have underperformed, with their net asset values (mNAV) declining. For example, Strategy fell 16%, Metaplanet fell 62%, and Semler Scientific fell 12%. (Crypto.news)
