VanEck has released its Mid-August 2025 Bitcoin ChainCheck, projecting that bitcoin may reach $180,000 by the close of the year.
The firm points to a combination of strong institutional flows and favorable market data as justification for its bullish stance.
VanEck’s outlook for bitcoin
The asset manager, recognized as a major issuer of bitcoin exchange-traded funds, reiterated its optimistic price target despite ongoing market uncertainties.
In its latest report, VanEck stated:
“As autumn approaches, several intertwined risks and opportunities emerge. Macroeconomic developments and seasonal investor re-engagement could either extend Bitcoin’s momentum or prompt profit-taking. Still, we stick with our $180K BTC price target by year-end.”
Institutional demand and corporate backing
VanEck highlights that recent all-time highs for bitcoin coincided with 92% of on-chain holdings already in profit, reflecting significant market strength.
The report notes that continued corporate investment and the steady commitment from firms like MicroStrategy have helped maintain bitcoin’s momentum, even as Ethereum attracts its own share of institutional inflows.
market resilience amid challenges
Despite bitcoin’s mining difficulty reaching record levels and a partial pivot by some miners such as TeraWulf, VanEck does not view these as major setbacks.
The company also points to the role of corporate capital in keeping bitcoin volatility low, which has benefited the broader market.
potential risks identified
VanEck does caution that if bitcoin volatility remains low for too long, it could affect corporate treasuries’ ability to raise capital for further purchases, potentially amplifying negative price movements.
However, the overall outlook remains positive, with institutional and corporate interest supporting the firm’s $180,000 price target.
