Overview

• Steven McClurg said there is a greater than 50% chance Bitcoin will reach $140,000–$150,000 by year-end before a predicted bear market in 2026.
• McClurg credited ETF inflows and growing institutional buyers, including sovereign wealth funds and corporate treasuries, for driving Bitcoin’s recent surge to roughly $124,000.
• Canary Capital has filed ETF applications for altcoins such as XRP, Sui, CRO, HBAR, a Solana meme coin and a spot Litecoin ETF, aiming to broaden investors’ crypto exposure.
• McClurg described Ethereum as outdated technology unlikely to sustain its rally compared with faster protocols like Solana and Sui.
• Amberdata’s Greg Magadini countered that Ethereum’s developer ecosystem secures its long-term value and forecasted ETH could reach $8,000–$10,000 as its network effects persist.