{"id":13691,"date":"2025-02-18T14:03:17","date_gmt":"2025-02-18T14:03:17","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13691"},"modified":"2025-02-18T14:03:17","modified_gmt":"2025-02-18T14:03:17","slug":"state-pension-funds-key-to-bitcoin-hitting-500k-long-only-money-needed-standard-chartered","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13691","title":{"rendered":"State Pension Funds Key To Bitcoin Hitting $500K, Long-Only Money Needed: Standard Chartered"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong>\u2018s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) path to reaching $500,000 before President <strong>Donald Trump <\/strong>leaves office hinges on long-term investment from <a href=\"https:\/\/www.benzinga.com\/topic\/pension-funds\">state pension funds.<\/a><\/p>\n<p>That\u2019s according to <strong>Standard Chartered<\/strong>\u2018s head of digital assets research, <strong>Geoffrey Kendrick<\/strong>. In a research note on Tuesday, Kendrick highlighted that state pension funds currently represent just 1% of Bitcoin ETF holdings \u2014 a number he expects to rise as institutional investment broadens.<\/p>\n<p>Kendrick&#8217;s report follows an analysis of fourth quarter 13F filings, which provide insight into institutional Bitcoin buying.<\/p>\n<p>The data shows hedge funds remain dominant: Brevan Howard purchased the equivalent of 14,500 BTC in Q4, while banks such as <strong>Goldman Sachs<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/GS#NYSE\">GS<\/a>) <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43646818\/goldman-sachs-increases-bitcoin-etf-stake-over-1-5-billion-in-q4-reports-a-massive-1793-jump-in-ethereum-etf-holdings\">increased holdings<\/a>.<\/p>\n<p>More notably, sovereign wealth funds have now entered the market, with Abu &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43781183\/state-pension-funds-key-to-bitcoin-hitting-500k-long-only-money-needed-standard-chartered\" alt=\"State\" pension funds key to bitcoin hitting long-only money needed: standard chartered>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2018s (CRYPTO: BTC) path to reaching $500,000 before President Donald Trump leaves office hinges on long-term investment from state pension funds. That\u2019s according to Standard Chartered\u2018s head of digital assets research, Geoffrey Kendrick. In a research note on Tuesday, Kendrick highlighted that state pension funds currently represent just 1% of Bitcoin ETF holdings \u2014 a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13691","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13691"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13691\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}