Spot Bitcoin ETF Approval Could Propel BTC to $200K: Standard Chartered Prediction

Could a spot Bitcoin ETF finally be the catalyst for Bitcoin's meteoric rise? International banking titan, Standard Chartered, forecasts that the price of Bitcoin $42,260 -0.64% (BTC) may hit the $200,000 mark by 2025, provided a Bitcoin ETF is approved. Standard Chartered has predicted that the price of bitcoin could rise to $200,000 next year with the approval of spot bitcoin exchange-traded funds (ETFs) by the SEC.

Standard Chartered Projects Bitcoin at $200,000 by 2025

The bullish outlook stems from growing institutional and government interest in cryptocurrency. Standard Chartered Bank has predicted a significant surge in Bitcoin ‘s value, reaching up to $200,000 in 2025 following potential spot Bitcoin exchange-traded fund (ETF) approval. This surge reflects increased accessibility and mainstream adoption driven by these investment vehicles.

Beyond $200K: Standard Chartered's Long-Term Bitcoin Prediction

Standard Chartered projects Bitcoin could hit $200,000 by 2025 and even $500,000 by 2025, citing rising institutional and government interest. Spot Bitcoin ETFs saw a surge of interest, fueling speculation about future price increases. Is a $200,000 Bitcoin price tag just around the corner thanks to the potential for Spot Bitcoin ETFs?