Standard Chartered Bank: Bitcoin price may reach $200,000 by the end of 2025
The US Securities and Exchange Commission (SEC) is widely expected to approve the trading of Bitcoin exchange-traded funds (ETF) on spot trading platforms this week. Standard Chartered Bank stated that these funds could bring in between $50 to $100 billion in capital this year. Therefore, the bank believes that the price of Bitcoin may reach $200,000 by the end of 2025.
Standard Chartered Bank also expects the SEC to approve Ethereum exchange-traded funds (ETF) on spot trading platforms in the second quarter of this year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x MHA: Trade to share 8,000,000 MHA
Bitget PoolX to list MAGNE.AI (MHA): Lock ETH & XAUT to get 8,000,000 MHA airdrop
CandyBomb x PWT (Episode 2): Trade to share 45,000 USDT
Announcement on the removal of the "Signal Calls" feature from the app
Crypto prices
More
