Standard Chartered has ignited fresh excitement in the crypto world, projecting that Bitcoin $BTC could surge to $500,000, driven by a wave of institutional demand. The prediction comes on the heels of multiple spot Bitcoin ETF approvals and growing interest from sovereign wealth funds globally. With BTC trading around $108,000, the bank believes this could be just the beginning of an epic bull cycle.
Wall Street Piles In: BlackRock’s IBIT Dominates Bitcoin ETF Race
Fueling this bullish outlook, spot Bitcoin ETFs just posted their highest trading volume of 2025. Leading the charge is BlackRock’s iShares Bitcoin Trust (IBIT), which extended its record streak with 30 consecutive days of inflows.
In just the past week, IBIT attracted over $1 billion in fresh capital, pushing its total assets to a staggering $51.6 billion and capturing over 70% of the ETF market share. As Bitcoin reclaims six-figure territory, institutions are going all in, signaling renewed faith in BTC’s long-term trajectory.
With ETFs drawing record demand, institutional giants flooding in, and macro bullish catalysts stacking up, Standard Chartered’s bold $500K price target is no longer a moonshot it’s starting to look like a roadmap.
