VanEck’s Bitcoin Price Prediction: $180K by 2025

VanEck’s latest ChainCheck report reaffirms its Bitcoin price prediction of $180,000 by December 2025, citing sustained institutional inflows, robust on-chain metrics, and bullish futures signals. The CME basis funding rate stands at 9%, while the call/put ratio has reached 3.21×—the highest since June 2024—with $792 million in 30-day call premiums. In July, Exchange-Traded Products acquired 54,000 BTC and digital asset treasuries added 72,000 BTC, underscoring growing institutional demand. Spot Bitcoin ETFs now hold $151.9 billion in assets with $54.97 billion in net inflows, and on-chain data shows whales and sharks have added 225,320 BTC since March, controlling 13.62 million BTC. On the mining front, the Bitcoin network hashrate hit a record 902 EH/s, with U.S. miners capturing a 31% share. Revenue per EH/s rose to $59,400, while miner stocks like Applied Digital (APLD) and Bitfarms (BITF) climbed 54% and 16%, respectively. However, mNAV ratios for MicroStrategy (MSTR), Marathon (MTPLF), and SolGroup (SMLR) fell by 16%–62% due to low volatility inhibiting convertible debt issuance. Bitcoin ordinals minting surged 43% month-on-month to 109,779 inscriptions, and an October Bitcoin Core upgrade will remove the 83-byte data limit per block. Despite recent price dips around $124,457, VanEck maintains its bullish Bitcoin price prediction based on macro conditions, institutional adoption, and on-chain strength.
Bullish
VanEck’s reaffirmed Bitcoin price prediction of $180K is supported by significant institutional inflows, bullish futures metrics, and robust on-chain indicators, which are likely to boost market confidence and stimulate further buying in the short term. The record mining hashrate, rising miner revenues, and surge in ordinals minting reflect heightened network activity, underpinning price stability. Over the medium to long term, favorable U.S. crypto policy, growing corporate treasury allocations, and the upcoming Bitcoin Core upgrade will strengthen network fundamentals and attract additional investment. Taken together, these factors suggest a bullish outlook for BTC.