VanEck, one of the leading crypto ETF issuers, has reaffirmed its bullish outlook for Bitcoin, forecasting that the top cryptocurrency could reach $180,000 by the end of 2025.The prediction was issued in the firm’s Mid-August 2025 Bitcoin ChainCheck report, which analyzed a broad range of on-chain and macroeconomic data. According to VanEck, institutional inflows, corporate treasury commitments, and mining resilience remain the strongest drivers of Bitcoin’s upward momentum.

VanEck highlighted that 92% of Bitcoin’s on-chain holdings were already profitable before BTC’s most recent all-time high. This signaled strong market positioning even before the price breakout, boosting confidence among institutional and retail investors.