Bernstein Research forecasts Bitcoin BTC/USD will evolve into the premier “store of value” asset, ultimately supplanting gold over the next decade.
What Happened: The firm’s analysis emphasizes Bitcoin's growing role in institutional investment portfolios and corporate treasury management, signaling its acceptance as a key player in global financial ecosystems.
"We expect Bitcoin to emerge as the new-age premier ‘store of value' asset," stated Bernstein analysts, adding that its integration into multi-asset allocations reflects a maturing perspective among global investors.
The report also anticipates Bitcoin becoming a standard for corporate treasuries, following the lead of companies like MicroStrategy MSTR, which holds over $40 billion worth of Bitcoin.
Bernstein highlighted the rapid growth of Bitcoin spot ETFs as a critical driver for mainstream adoption.
Also Read: EXCLUSIVE: Bitcoin Crossing $100,000 Is A ‘Defining Moment,’ Experts Say
Within 228 days of its launch, BlackRock‘s IBIT became the first Bitcoin spot ETF to surpass $50 billion in assets under management.
The report notes that Bitcoin ETFs now account for more than $100 billion in AUM, a figure expected to grow significantly in coming years.
This institutional traction underscores a shift in Bitcoin's perception, moving from a speculative asset to a cornerstone of modern financial systems.
"The adoption of Bitcoin as a treasury reserve asset is accelerating, aided by favorable accounting guidelines and the success of institutional ETFs," the analysts observed.
Bernstein projects Bitcoin will hit $200,000 by 2025, driven by its cyclical demand-supply dynamics and diminishing sell pressure from miners following halving events.
The report further estimates Bitcoin could exceed $500,000 by 2029 and $1 million by 2033 as adoption widens and demand strengthens.
Read Next:
Image: Shutterstock
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
