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Chicago, IL – July 15, 2025– Today, Zacks Investment Ideas feature highlights Coinbase Global COIN, Galaxy Digital GLXY, BlackRock's BLK, iShares Bitcoin ETF IBIT, Robinhood HOOD, Interactive Brokers IBKR and Alphabet's GOOGL.
"The hard-to-believe 'Great Paradox' in the stock market is: What seems too high and risky to the majority usually goes higher eventually, and what seems low and cheap usually goes lower."~William J. O'Neil
Bitcoin was once called a "gambling token" and "rat poison squared" by legendary investor Warren Buffett, arguably the best investor of his time. However, by now, it has become impossible for Wall Street to deny the once obscure and first-of-its-kind cryptocurrency.
A decade ago, Bitcoin traded at $286. Today, Bitcoin hit another all-time high of $123,000, marking a 430x increase over the past ten years and accruing an eye-popping 83% annualized return, far surpassing the next best asset class. Now, Bitcoin is one of the largest asset classes in the world. Below are five reasons the momentum is likely to continue into 2026, including:
1. Bitcoin: Digital Gold
What differentiates Bitcoin from fiat currency and any other cryptocurrency is its scarcity and role as a store of value. Unlike fiat currency, which can be printed by central bankers out of thin air, there will only ever be 21 million Bitcoins in existence.
Why is this important? As global central banks around the world print trillions of dollars and borrow money, fiat currencies like the dollar continue to lose value. As a result, investors gravitate towards Bitcoin and metals to fight this phenomenon. With the US passing another massive spending bill recently, there is no end in sight to this troubling trend in fiat.
2. Bitcoin ETFs Provide Wider Access
Until recently, investors who wanted to buy Bitcoin had to have a separate crypto account through an exchange like Coinbase Global or Galaxy Digital. However,early last year, theUS Securities and Exchange Commission finally approved Bitcoin ETFs, allowing far more access to a larger group of investors.
The launch of Bitcoin ETFs like BlackRock's, iShares Bitcoin ETF underscores the success. IBIT was the most successful ETF launch in history and is already the 20th largest ETF in the United States. In addition to the ETF approvals, traditional stock brokers like Robinhood and Interactive Brokers now offer a suite of crypto trading products.
3. Bitcoin Week Looms
This week has been dubbed 'Crypto Week' by the Republicans. DC is slated to vote on the 'GENIUS Act,' which will provide a regulatory framework around stablecoins like Circle Group's USDC token. 'The CLARITY Act' will also aim to establish a comprehensive regulatory framework for digital assets. Crypto companies have had to deal with regulatory ambiguity from regulators for years. With a clear regulatory framework, more institutional investors are likely to flock to the digital asset industry.
4. Lack of Hype Around Bitcoin
Though Bitcoin continues to print fresh all-time highs, you wouldn't know it by looking at Bitcoin interest on Alphabet's 'Google Trends.' Interest is at multi-year lows, presenting investors with a contrarian opportunity.
5. Bitcoin Fibs Suggest $150k Price Target
Market technicians use Fibonacci levels as a tool to identify potential price targets. The Bitcoin fibs suggest that a price target of $150k by early 2026 is realistic.
As market technicians now eye a $150k price target, Bitcoin's ongoing momentum suggests that its remarkable growth story is far from over, reminding investors that true opportunity often lies where the majority hesitates.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
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Zacks Investment Research
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
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This article originally published on Zacks Investment Research (zacks.com).
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