Grayscale projects Bitcoin to reach a new record in H1 2026 amid ETP inflows

Grayscale's 2026 outlook anticipates Bitcoin setting a new all-time high in the first half of 2026, supported by institutional participation and clearer regulation. The report notes roughly $87B of net inflows into crypto ETPs since Jan. 2024 and highlights Bitcoin's issuance rate below 1%, with the 20 millionth coin expected in March 2026.