21Shares Sets Bitcoin Year-End Target at $100,000 Amid Market Volatility
21Shares, a Zurich-based asset management firm, has reaffirmed its year-end target price for Bitcoin at $100,000 in its 2026 mid-year crypto market report. Despite Bitcoin's current price of approximately $62,300, which is about 50% below its all-time high of $126,000 reached in October 2025, the report highlights that Bitcoin's price trajectory aligns with historical post-halving patterns. The cryptocurrency has maintained a price above the investor cost base of $54,000, indicating market maturity.
The report also notes that global crypto ETP assets under management have reached approximately $140 billion, marking a 15% decline year-to-date, with BTC holdings at 1.25 million coins. This decline is attributed to price volatility rather than significant sell-offs. Additionally, trading volume for the year has hit $5.75 billion, with expectations to reach $10 billion by year-end. Meanwhile, the total value locked in DeFi remains stable at $14 billion, constrained by security issues, and tokenized assets on public blockchains total $3.1 billion, including $1.5 billion in tokenized U.S. Treasury securities.
