Standard Chartered: BTC Will Hit $200,000 After Bitcoin ETF Approval
Main page Opinion, Bitcoin-ETF
Hot topic
10 January

According to the latest report published by Standard Chartered, if spot Bitcoin ETFs are approved, the price of the asset could rally to $200,000 by the end of 2025.

The bank's analysts believe that by the end of 2024, exchange-traded funds will hold between 437,000 BTC and 1.32 million BTC, which equates to an inflow of between $50 billion and $100 billion into the market.

If the forecast is met, the price of the crypto would experience a 4.3-fold increase from its current level.

In addition, exchange-traded products related to BTC seem to show similar dynamics, but this has happened seven to eight years after the launch of the corresponding ETPs.

The bank has explained:

"We expect Bitcoin to enjoy price gains of a similar magnitude as a result of US spot ETF approval, but we see these gains materializing over a shorter (one- to two-year) period, given our view that the BTC ETF market will develop more quickly."

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