The document begins by summarizing Standard Chartered’s outlook on Bitcoin’s potential to reach $500,000 by 2028, citing factors such as institutional inflows rising, decreased volatility, and expanding regulatory access under Trump. It explains that these dynamics are expected to fuel long-term growth. The report further explores the impact of Bitcoin’s ETF market and institutional investment on its price trajectory. It highlights that while Bitcoin’s short-term volatility is on pause, long-term growth is expected to accelerate due to rising institutional capital and expanding financial infrastructure.
The section then delves into the specific drivers of Bitcoin’s growth, emphasizing the significance of the U.S. spot Bitcoin ETF market. The report explains that the ETF market has accounted for over $39 billion in net inflows, making it a key enabling factor for Bitcoin’s price movements. It predicts that the ETF market’s expansion will lower Bitcoin’s volatility, leading to a larger-than-expected jump in its price by 2028. The report draws a parallel between Bitcoin’s growth and Bitcoin’s rise in 2004, when gold reached its peak value after cryptocurrencies first emerged on the market.
The tern section turns to regulatory developments under President Trump, specifically the repeal of SAB 121, which eliminated accounting restrictions for companies that hold digital assets. The report cites Trump’s directive to begin assessing the feasibility of a national digital asset stockpile as another catalyst for Bitcoin’s growth. It suggests that these regulatory changes could influence central banks to adopt Bitcoin as a more viable investment, further accelerating its growth trajectory.
Finally, the closing section explores the long-term potential of Bitcoin, citing data from around 2025 and predicting its price will remain stable until Trump leaves office. The report emphasizes the need for investment stability to sustain competitive prices. It corroborates these findings by comparing Bitcoin’s performance with that of oil prices, pointing to the importance of investment stability for its long-term success.
