$BTC Bitcoin Rockets Past $100K – Standard Chartered Rethinks Its Price Target Amid Institutional Rush
Bitcoin's latest surge has reshaped market expectations – and even big banks are taking notice.
After breaching the $100,000 milestone, Bitcoin’s momentum has forced Standard Chartered to reconsider its Q2 2025 forecast. Originally pegged at $120,000, the bank now sees that target as conservative, citing robust institutional inflows and evolving investor sentiment.
What’s Fueling Bitcoin’s Surge?
Geoffrey Kendrick, head of digital assets at Standard Chartered, attributes the rally to over $5.3 billion in inflows into U.S. spot Bitcoin ETFs over the past three weeks. Bitcoin is now trading around $100,500, and the trend points to increased integration into institutional portfolios.
Key players like MicroStrategy, the Abu Dhabi sovereign wealth fund, and the Swiss National Bank have ramped up their exposure, further solidifying BTC’s appeal as a legitimate asset class.
From Risk Asset to Portfolio Anchor
Kendrick notes a shift in Bitcoin’s narrative. Once seen primarily as a speculative play, it’s now being embraced for portfolio diversification. The bank maintains a bullish year-end target of $200,000, reflecting continued confidence in the current trajectory.
ETF Adoption Driving the Trend
Institutional adoption via ETFs—such as BlackRock’s IBIT—is rapidly gaining traction. This growing interest suggests Bitcoin is moving beyond tech-stock correlations and into a more mature phase as a store of value.
Looking Ahead
With capital flowing in and major players doubling down, Bitcoin’s path to $200K may not be as far-fetched as once thought. For traders and investors alike, the focus now shifts from macro trends to capital movement, ETF inflows, and strategic positioning.
