More money than last year is expected to flow into the Bitcoin space from institutions, according to a report from multinational bank Standard Chartered. 

And the continued flow of such money will push the biggest cryptocurrency to $200,000 per coin by the end of this year, one of the bank’s analysts said in the Wednesday note.

The report said that money would specifically come from those managing pension funds. 

“If positive action does come, as we expect, we think institutional flows will continue,” the report read. “We expect institutional flows into BTC in 2025 to exceed 2024 levels, with fresh capital likely to come from long-only funds classified as ‘pension funds’.”

Institutions gained exposure to Bitcoin via spot ETFs that were approved last year. Now, big banks and pension funds are able to buy shares that track the underlying price of the asset—without having to st

Go to Source to See Full Article
Author: Mathew Di Salvo