VanEck is 9th largest ETF provider with $66.5B AUM.
Their bull case predicts ETH will reach $154,000 by 2030 with a base case target of $22,000.
Here are 9 reasons behind their thinking:
1) ETH Price Target: $22K by 2030?
The ETH price target for 2030 is estimated to hit $22,000 per coin, driven by $66B in free cash flows. This estimate is based on a projection of Ethereum generating $66 billion in free cash flows by 2030 and applying a 33x valuation multiple.
2) Portfolio Boost: 6% Crypto Allocation
Adding 6% crypto to a 60/40 portfolio boosts the Sharpe ratio, with a minor drawdown impact. Analysis of 169 sample portfolios showed that including 3% BTC and 3% ETH significantly improves the risk-adjusted returns.
Next months, winning traders will 10X their portfolios, while others get completely rekt, staring at generational rallies from the sidelines. These 12 market tips will make sure you don't get left behind.
Thread🧵
1/ Risk disclaimer:
In this thread, I will combine several charting techniques, chart pattern studies, fundamental factors, and seasonal records of cryptos.
The future is uncertain. Profits are not guaranteed. Losses are inevitable.
Ready? Let's rock👇
2/ Focus on the facts, not opinions.
The seasonal intermarket context remains favorable, with a 95-98.8% chance of 2023 (pre-election year) closing higher than opened.
The Best 6 Months (for S&P 500) and The Best 8 Months (for Nasdaq) started in November.