Second Bitcoin ETF issuer calls $1M BTC within the next US Presidential term!

A second Bitcoin ETF issuer has issued a $1 million BTC price target, compressing the timeline to within the current US Presidential term — a notably tighter window than the decade-long forecasts that have circulated in prior cycles. The call lands alongside a separate institutional note slashing a near-term $150,000 forecast, a reminder that even the most bullish institutional consensus carries real execution risk heading into 2026.

The structural argument underpinning the $1M thesis is ETF-driven demand disruption: new data suggests $50 billion in cumulative ETF inflows could fundamentally break the traditional four-year halving cycle by absorbing the supply that historically reset retail sentiment. If that read is correct, retail bears positioned for a cyclical drawdown may be caught offside by a bid that doesn't follow the old script.