The new projection stems from institutional Bitcoin ( ) buying being slower than expected. Capital is arriving through Bitcoin ETF inflows but on measured allocation after the initial surge. The revised Standard Chartered Bitcoin prediction marks a change in tempo rather than direction-the bank's long-term Bitcoin $500K target remains but has been pushed to 2030, reflecting institutional reality rather than weakening conviction.
Standard Chartered Plc is facing a $2.7 billion lawsuit from liquidators alleging it played a role in enabling the laundering of billions of dollars misappropriated from Malaysian sovereign wealth fund 1MDB.
