Adrian Fritz, Chief Investment Officer of 21Shares, predicts Bitcoin could reach $100,000 by the end of the year, driven by institutional inflows into spot Bitcoin ETFs. Speaking on a CoinDesk program, Fritz highlighted that nearly $2 billion has flowed into these ETFs since the start of the year, with participation from retail investors, institutions, and hedge funds. He noted that Bitcoin's daily trading volume now exceeds $50 billion, with liquidity levels comparable to major tech stocks like NVIDIA. Fritz emphasized that Bitcoin is becoming an institutional-grade asset, with large asset managers such as Morgan Stanley entering the market. He identified potential catalysts for Bitcoin's rise, including geopolitical easing, continued ETF inflows, and technical factors like breaking above the 200-day moving average. However, he cautioned that macroeconomic factors, such as inflation data and oil prices, could impact Bitcoin's trajectory. Fritz also noted a shift in investor focus towards projects with genuine revenue, citing Hyperliquid as an example.