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Bitcoin.com
2024-01-10 01:00:47

Standard Chartered: BTC Could Hit $200K in 2025 With Spot Bitcoin ETF Approval

Standard Chartered: BTC Could Hit $200K in 2025 With Spot Bitcoin ETF Approval

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 U.S. Securities and Exchange Commission (SEC). The bank’s analysts described: “We see this as a watershed moment for normalizing bitcoin participation by institutional money, and we expect approval to

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