21Shares Trims Crypto Growth Projections Amid Price Pressures

Asset manager 21shares has revised down its expectations for the crypto industry in 2026, citing slower adoption and price pressures. The company points to improving key market infrastructure, but notes that weaker price action and slower retail and enterprise participation have dampened momentum.

In its midyear outlook, 21shares highlighted several areas of growth, including prediction markets, which it expects to reach annual trading volume of over $100 billion in 2026. The firm also noted the impact of regulatory clarity on the US market, particularly with regards to exchange-traded products (ETPs).

Despite institutional involvement, 21shares maintains that Bitcoin's four-year cycle remains intact. The company points to post-halving behavior and argues that increased institutional ownership has limited violent drawdowns but not disrupted fundamental cyclical behavior.