MARA Holdings CEO Says Buy Bitcoin and Forget About It

Fred Thiel, CEO of MARA Holdings, said investors should adopt a invest-and-forget strategy for bitcoin as Bitget Research predicted the value of the leading crypto could skyrocket to $200,000 by 2025.

“My recommendation, for my children, for example, is to save a little bit each month in bitcoin and forget about it,” Thiel said in a Jan. 2 statement. interview with FOX Business. He also noted that the price of btc has only fallen 3 times in the last 14 calendar years.

<img fetchpriority="high" decoding="async" src="https://technicalterrence.com/wp-content/uploads/2025/01/MARA-Holdings-CEO-Says-Buy-Bitcoin-and-Forget-About-It.jpg" alt="bitcoin: would we invest your money in it?”/>

US Spot bitcoin ETFs Near $110 Billion

Thiel's advice comes amid growing institutional interest in the largest cryptocurrency by market cap. Since its launch in January of last year, the American spot btc Cumulative ETF reserves have skyrocketed to 1,133 million btc, representing 5.72% of the entire bitcoin supply, according to data from <a target="_blank" href="https://dune.com/hildobby/btc-etfs”>Dune.

With btc trading at $96,688.19 as of 12:40 am EST, the funds' collective btc holdings have surpassed $109.5 billion. This comes despite the net outflows that ETFs suffered on January 2.

father's side <a target="_blank" href="https://farside.co.uk/btc/”>data shows that BlackRock's IBIT, which currently dominates the bitcoin ETF market, recorded net outflows of $332.6 million yesterday. Grayscale's GBTC was the only other btc ETF to record net outflows on January 2 after $23.1 million left its reserves.

<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”6.1337579617834″>

Black Rock | <a target="_blank" href="https://twitter.com/search?q=%24IBIT&src=ctag&ref_src=twsrc%5Etfw”>$ VA with one of the largest outputs of <a target="_blank" href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw”>$btc $332.6 million ETF pic.twitter.com/mZbIt59tgH

– CryptoMutant (@CryptoMutant) <a target="_blank" href="https://twitter.com/CryptoMutant/status/1875058235130216913?ref_src=twsrc%5Etfw”>January 3, 2025

All remaining funds recorded net inflows or no new flows. In total, btc funds worth $247.8 million were abandoned 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 drive greater institutional adoption this year.

More specifically, Lee mentioned that BlackRock's IBIT will continue its dominance due to how easy the ETF makes it for large investors to purchase btc.

If IBIT manages to continue attracting investors, the analyst predicts that the leading cryptocurrency could soar to $200,000 this year.. Lee cautioned, however, that “the trajectory will be influenced by regulatory developments, market dynamics and broader economic conditions.”

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