Bitcoin Could Reach $200,000 by End of 2025
Geoff Kendrick, Head of Global Digital Asset Research at Standard Chartered Bank, stated in a report that Bitcoin’s capital flow this year has been largely driven by institutional investors, a trend that is expected to continue. Following the breakthrough of $100,000, Bitcoin could reach $200,000 by the end of 2025. So far this year, institutions have purchased 683,000 Bitcoins through U.S. spot ETFs, while MicroStrategy acquired 245,000 Bitcoins, with a significant portion bought after the U.S. presidential election. Kendrick noted, “In 2025, we expect institutional inflows to either maintain or exceed the pace set in 2024.” Additionally, pension funds currently hold a relatively small proportion of Bitcoin ETFs, but this proportion is expected to increase in 2025 due to changes in U.S. regulatory policies.