CF Benchmarks Sets $1.4M Bitcoin Price Target by 2035
- CF Benchmarks targets $1.42M per Bitcoin BTC +0.76% by 2035.
- Bitcoin seen as strategic asset in portfolios.
- Potential for Bitcoin to capture gold’s market share.
CF Benchmarks, a London-based crypto index provider, projects Bitcoin reaching $1.42 million by 2035, characterizing it as an essential asset for institutional portfolios.
This projection underscores Bitcoin’s potential long-term value in institutional investment strategies, aligning it with traditional assets such as gold.
CF Benchmarks, an FCA-authorized crypto index provider, has published a price target of $1.42 million per Bitcoin by 2035. The research paper positions Bitcoin as a strategic portfolio staple for institutional investors.
CF Benchmarks is a subsidiary of Kraken and operates within the regulated financial ecosystem. The price target was derived using traditional market models, suggesting Bitcoin’s potential as a significant asset in institutional portfolios.
“In summary, our modeling framework supports a base-case long-term price target of $1.42 million per Bitcoin by 2035.” — CF Benchmarks Ltd
The report implies substantial effects on the crypto markets, reinforcing Bitcoin’s role as a store-of-value asset. It projects Bitcoin could capture one-third of gold’s market capitalization by 2035.
The analysis recommends low single-digit Bitcoin allocations in diversified portfolios. This reflects a broader trend of institutional acceptance and potential shifts in asset allocation strategies.
Institutional adoption of Bitcoin is anticipated to grow, influenced by its strategic positioning. This could lead to increased portfolio diversification and new strategies for asset management.
Potential outcomes include growth in institutional investments and regulated products based on Bitcoin indices. By 2035, Bitcoin is projected to solidify its stance within capital markets, supported by historical adoption trends.
