<ul><li>Standard Chartered predicts Bitcoin hitting $500,000 per coin by 2029 based on trends in ETFs, equities, and sovereign funds.</li><li>Governments are acquiring Bitcoin exposure indirectly by investing in companies like MicroStrategy, which holds a significant amount of BTC.</li><li>Indirect exposure allows institutions to participate in Bitcoin's potential growth without dealing with custody issues, volatility, or public scrutiny.</li><li>Standard Chartered emphasizes the shift in how institutions view Bitcoin, suggesting a gradual increase in BTC adoption among portfolios leading to a possible $500K price target by 2029.</li></ul>

Bitcoin to $500K? Standard Chartered Says It’s Possible by 2029

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