Steven McClurg, CEO of Canary Capital, forecasts Bitcoin may hit $150,000 by the end of 2025, driven by ETF inflows and institutional interest. McClurg, speaking to CNBC, estimates a greater than 50% chance of Bitcoin reaching the $140,000 to $150,000 range this year. Bitcoin recently achieved a new all-time high of $124,128, bolstered by investments from sovereign wealth funds and corporate treasuries. However, McClurg warned that Ethereum's recent price surge might not be sustainable. The debate over Bitcoin's market peak is intensifying, with differing opinions from veteran trader Peter Brandt and analyst Colin Talks Crypto. Meanwhile, Norges Bank Investment Management has increased its exposure to Bitcoin-linked assets, and Brevan Howard has become the largest institutional shareholder of BlackRock’s iShares Bitcoin Trust.