TechFlow News, June 24: According to The Block, Zurich-based asset management firm 21Shares released its 2026 Mid-Year Crypto Market Report on June 24, reaffirming its year-end base target price for Bitcoin at $100,000. The report notes that Bitcoin’s current price stands at approximately $62,300—roughly 50% below its all-time high of $126,000 reached in October 2025—but its price trajectory closely aligns with historical post-halving patterns. Moreover, Bitcoin has consistently held above the $54,000 investor cost basis, indicating a maturing market structure.
Global crypto ETP assets under management total approximately $140 billion, down roughly 15% year-to-date. BTC holdings stand at 1.25 million coins—about 8% below peak levels—though 21Shares attributes this decline primarily to price volatility rather than large-scale selling. Additionally, the report forecasts that trading volume for the year has already reached $57.5 billion, with full-year volume potentially approaching $100 billion. Total value locked (TVL) in DeFi remains stable at $140 billion—well below the $300 billion target—with security incidents cited as the primary constraint. Tokenized assets on public blockchains amount to $31 billion, of which tokenized U.S. Treasury securities account for $15 billion.
