A report from Standard Chartered suggests that pension funds are likely to increase their investment in Bitcoin this year, potentially pushing its price to $200,000 by the end of 2025. According to an analyst at the bank, the influx of funds from these institutional investors is expected to exceed the previous year's levels. The growing interest in Bitcoin is attributed to newly approved financial instruments, such as spot ETFs, which allow institutions to invest without needing to store the cryptocurrency directly. This has made Bitcoin more accessible to cautious investors, bolstering positive market sentiment. Additionally, the report indicates that Ethereum could rise to $10,000 per coin, benefiting from the same influx of capital. The recent tracking of Bitcoin’s price reaching an all-time high highlights the potential for significant growth in the upcoming period, fueled by institutional support.

Source 🔗