Standard Chartered hikes its year-end Bitcoin forecast to $150K, predicts Ether ETF approval

Standard Chartered has raised its year-end forecast for bitcoin’s price to $150,000 from $100,000.

The bank also predicted Bitcoin will reach a high for the cycle of $250,000 next year before settling around $200,000.

The bank also said the Securities and Exchange Commission could approve an ether (ETH) ETF on May 23 adding that the ETFs could see inflows of as much as $45 billion in the first 12 months.

The bank also predicted ETH reaching around $8,000 by the end of 2024.

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