Standard Chartered Bank: Bitcoin price may reach $200,000 by the end of 2025.
According to BlockBeats news on January 9th, the US Securities and Exchange Commission (SEC) is widely expected to approve exchange-traded funds (ETFs) for spot bitcoin trading platforms this week, which Standard Chartered Bank says could bring in $50 to $100 billion in funds this year. Therefore, the bank believes that the price of Bitcoin could reach $200,000 by the end of 2025.
Standard Chartered Bank also predicts that the SEC will approve ETFs for spot Ethereum trading platforms in the second quarter of this year.