Bernstein: Booming Bitcoin ETF Inflows Put BTC on Track for $150K by 2025, Mining Stocks Offer Best Exposure

Bernstein analysts are more convinced bitcoin will hit $150K by mid-2025 due to booming bitcoin ETF inflows and recent price rally
They recommend buying bitcoin mining stocks as the best way to gain exposure to the coming crypto market rally
Mining stocks have underperformed bitcoin's price rally as investors are "long bitcoin and short miners"
Rising bitcoin prices and fees will cushion miners from production cost increases after the next halving
Riot Platforms and CleanSpark are outperform-rated mining stocks that will see strong profit margins post-halving