SEC DATA BACKS BITCOIN $500K TARGET BY 2028: STANDARD CHARTERED

Standard Chartered's Geoff Kendrick says recent SEC 13F filings support a possible rise in Bitcoin to $500,000 by end-2028. While direct ETF holdings dipped in Q1, government entities boosted stakes in Strategy (formerly MicroStrategy), seen as a Bitcoin proxy. This may reflect efforts to gain Bitcoin exposure despite regulatory limits. Bitcoin is down 0.4% to $105,098.