Bitcoin is positioned for its most significant dollar rally in history during the latter half of 2025, as per Standard Chartered’s latest market analysis. The bank anticipates a combination of accelerating ETF inflows, growing corporate treasury allocations, and a more favorable policy landscape to propel Bitcoin to $135,000 by Q3 2025**—potentially reaching **$200,000 by December 31.
Geoffrey Kendrick, Standard Chartered’s Global Head of Digital Assets Research, reiterated his optimistic outlook this week. With Bitcoin currently trading near $107,800, the bank’s year-end projection suggests almost a 100% price surge within six months.
Institutional Demand Expected to Exceed Q2 2025 Levels
During Q2 2025, Bitcoin spot ETFs and corporate buyers accumulated roughly 245,000 BTC. Kendrick predicts this figure will be surpassed in both Q3 and Q4 as institutional adoption of long-term Bitcoin strategies expands.
Notably, companies outside of MicroStrategy—a pioneer in corporate Bitcoin holdings—purchased approximately 56,000 BTC last quarter. This is noteworthy given that MicroStrategy added 69,000 BTC during the same period while maintaining substantially larger reserves.
Kendrick interprets this trend as evidence that the "Bitcoin as a reserve asset" narrative is gaining traction beyond early adopters.
👉 Discover how institutional adoption is reshaping crypto markets
Key Drivers Behind Bitcoin’s 2025 Rally
- ETF Inflows: Accelerating demand from spot Bitcoin ETFs.
- Corporate Treasuries: More firms allocating portions of their reserves to Bitcoin.
- Policy Support: Regulatory clarity fostering institutional participation.
FAQs
Q: What factors could hinder Bitcoin’s growth by 2025?
A: Potential obstacles include regulatory crackdowns, macroeconomic downturns, or reduced ETF inflows.
Q: How does Standard Chartered’s forecast compare to other banks?
A: Their $200,000 target is among the most bullish, reflecting confidence in institutional adoption.
Q: Is corporate Bitcoin buying sustainable long-term?
A: Yes, if the asset’s store-of-value narrative continues gaining credibility.
👉 Explore institutional crypto strategies
Final Thoughts
Standard Chartered’s analysis underscores Bitcoin’s evolving role in global finance. With institutional demand rising and macroeconomic conditions aligning favorably, 2025 could mark a historic bull run.