The ETFs success with $39B net inflows since 2024 launch marks pivotal moment for institutional adoption and market accessibility.
Trump’s policies, including SAB 121 repeal and digital asset stockpile assessment, create favorable environment for Bitcoin growth.
Analyst projects staged price increases: $200K by 2025, $300K in 2026, $400K in 2027, reaching $500K in 2028 with stabilized volatility.
Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, has recently made a bold prediction for the future of Bitcoin . He noted that the cryptocurrency, currently priced at around $98,700, could reach a staggering $500,000 by the end of 2028. According to The Block, Kendrick’s forecast hinges on two key factors: improved investor access and a decrease in Bitcoin’s volatility.
Standard Chartered on The Bitcoin Catalyst
Kendrick believes that the increasing accessibility for investors will mainly drive Bitcoin’s ascent. He noted that investor access has significantly boosted under the current administration, particularly ’s policies.
The Standard Chartered analyst highlighted that the US spot Bitcoin Exchange Traded Funds (ETFs) was a significant catalyst for this growth. These digital investment products have pulled in a whopping $39 billion in net inflows since their launch in early 2024.
Kendrick this milestone as a pivotal moment in expanding investor access. Furthermore, he believes the barriers to investing in Bitcoin will continue to shrink. This is expected as more sophisticated markets, such as options and institutional counterparties, are expanded.
This expanded access could drive massive institutional investments. Notably, this development is poised to have a lasting effect on Bitcoin’s value, paving the way for a significant price appreciation before President Trump’s term ends.
Declining Volatility: The Stabilizing Force
One of Bitcoin’s most infamous traits has been its volatility. According to Kendrick, this is expected to shift over time. He highlighted gold’s history as a guide, noting that after exchange-traded products (ETPs) were introduced in 2004, gold’s price surged by 4.3 times.
Kendrick anticipates a similar trend for Bitcoin, with volatility gradually decreasing as new financial products like Bitcoin ETFs take off. This shift will help make Bitcoin a more stable asset, attracting even more institutional interest.
He forecasts that this combination of lower volatility and higher institutional investment will continue to propel Bitcoin’s value in the coming years.
Trump Administration’s Impact on Bitcoin
According to the Standard Chartered analyst, there are other key regulatory shifts under the President Trump administration that could play a role in Bitcoin’s growth. One of the most significant changes was the repeal of SAB 121, which lifted accounting restrictions for companies holding digital assets. This move has made it easier for institutional players to enter the Bitcoin market.
As by Coinspeaker, Trump recently signed an Executive Order to assess the viability of a national digital asset stockpile. This could be a significant catalyst for central banks to consider Bitcoin a legitimate investment.
With these political shifts aligning with Kendrick’s long-term expectations, he believes Bitcoin’s path to $500,000 is sealed. He predicts Bitcoin will hit $200,000 by the end of 2025, followed by $300,000 in 2026, $400,000 in 2027, and $500,000 by 2028. After reaching $500,000, he predicted the price to hold steady through the end of 2029.
Bitcoin’s price has been an intense debate among analysts for years. It continues to spark conversations about where it could be headed in the long term. Coinspeaker has reported on various forecasts from analysts, showing a wide range of opinions about Bitcoin’s future.