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Asset manager 21Shares has trimmed its 2026 price forecasts for cryptocurrencies even as institutional infrastructure in the sector advances ahead of schedule.
The firm says exchange-traded funds, stablecoins, and prediction markets are all maturing at pace — but that progress has not translated into the price levels 21Shares had previously projected for the year.
Infrastructure Leads, Prices Trail The core tension in 21Shares' revised outlook is one familiar to anyone who has watched digital assets through a full cycle: the pipes get built, but the water doesn't always flow when the calendar says it should.
The firm identifies institutional-grade infrastructure — ETF wrappers, stablecoin rails, and prediction markets — as genuine advances in how capital moves through the crypto ecosystem.
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