Standard Chartered, a global bank based in the UK, forecasts a substantial influx of funds, between $50 billion to $100 billion, into Bitcoin spot ETFs upon their approval. This influx is projected to potentially elevate Bitcoin’s price to as much as $200,000 by the end of 2025.
Additionally, a Bitcoin-related survey conducted by Bitwise at the end of 2023 revealed that 88% of financial advisors interested in purchasing Bitcoin are awaiting the approval of Bitcoin spot ETFs.
