MARA Holdings Urges Bitcoin “Invest-And-Forget” Strategy As Bitget Sees $200K BTC This Year

MARA
Holdings
CEO
Fred
Thiel
said
investors
should
adopt
an
invest-and-forget
strategy
for
Bitcoin
as
Bitget
Research
predicted
the
leading
crypto’s
value
could
soar
to
$200K
in
2025.

“My
recommendation,
to
my
kids,
for
example,
is
they
put
just
a
little
bit
away
every
month
in
Bitcoin
and
forget
about
it,”
Thiel
said
in
a
Jan.
2


interview

with
FOX
Business.
He
also
noted
that
BTC’s
price
has
only
fallen
3
times
over
the
past
14
calendar
years.

US
Spot
Bitcoin
ETFs
Near
$110
Billion

Thiel’s
advice
comes
amid
growing
institutional
interest
in
the
largest
crypto
by
market
cap.
Since
their
launch
in
January
last
year,
US
spot


BTC

ETFs’
cumulative
reserves
have
soared
to
1.133
million
BTC,
which
is
5.72%
of
the
entire
Bitcoin
supply,
according
to
data
from


Dune. 

With
BTC
trading
at
$96,688.19
as
of
12:40
a.m.
EST,
the
funds’
collective
BTC
holdings
have
surpassed
$109.5
billion.
This
comes
despite
the
net
outflows
ETFs
suffered
on
Jan.
2.

Farside


data

shows
that
BlackRock’s
IBIT,
which
currently
dominates
the
Bitcoin
ETF
market,
registered
$332.6
million
net
outflows
yesterday.
Grayscale’s
GBTC
was
the
only
other
BTC
ETF
to
post
net
outflows
on
Jan.
2
after
$23.1
million
left
its
reserves. 

BlackRock
|

$IBIT
with
one
of
the
highest
outflows
for

$BTC
ETF
of
$332.6
million

pic.twitter.com/mZbIt59tgH

—
CryptoMutant
(@CryptoMutant)

January
3,
2025

The
remaining
funds
all
recorded
net
inflows
or
no
new
flows.
Overall,
$247.8
million
worth
of
BTC
left
the
funds
yesterday.

Bitget
Predicts
BTC
Will
Soar
To
$200K
In
2025

Bitget
Research
chief
analyst
Ryan
Lee
said
in
a
recent
interview
that
these
investment
products
are
poised
to
bring
more
institutional
adoption
this
year. 

More
specifically,
Lee
mentioned
that
BlackRock’s
IBIT
will
continue
its
dominance
because
of
how
easy
the
ETF
makes
it
for
large
investors
to
buy
into
BTC.

Should
IBIT
manage
to
keep
attracting
investors,
the
analyst
predicts
the
leading
crypto
could
soar
to
$200K
this
year.
Lee
cautioned,
however,
that
“the
trajectory
will
be
influenced
by
regulatory
developments,
market
dynamics
and
broader
economic
conditions.”

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