In a recent report from Deutsche Bank, analysts have posited that Bitcoin could emerge as a viable asset for central bank reserves by the year 2030, spurred by its declining volatility and fixed supply. The insights from strategists Marion Laboure and Camilla Siazon suggest that Bitcoin is increasingly mirroring gold in its behavioral patterns, which may position it firmly alongside traditional reserve assets.
The analysts highlight a significant shift in demand patterns, with institutions and corporations increasingly considering Bitcoin as an alternative to the US dollar. This rise in interest coincides with stratospheric growth in Bitcoin’s value, which recently reached an all-time high of $125,000. Concurrently, gold is witnessing unprecedented gains, appreciating over 50% in 2025 alone, marking the most rapid increase since the inflation-driven oil crisis of 1979.
Deutsche Bank noted that central banks and corporations are currently on the lookout for assets that can help mitigate the volatility of the dollar. The report emphasizes that a calculated allocation of Bitcoin could serve as a “modern cornerstone of financial security,” likening it to gold’s role throughout the 20th century.
The notion of “Bitcoin treasuries” is gaining traction, with many companies, including Michael Saylor’s Strategy, now integrating Bitcoin into their balance sheet strategies. This integration is gradually normalizing Bitcoin in the eyes of institutional investors. The analysts conceded that while Bitcoin is “backed by nothing,” the same can be said for gold. However, Bitcoin’s recently reduced volatility makes it more attractive for long-term holders looking for stability.
Emerging market central banks have been escalating their gold acquisitions as a hedge against political uncertainties and the weakening US dollar. The growing interest in Bitcoin is viewed through a similar lens, with Deutsche Bank contending that as Bitcoin’s market matures, it could reap the benefits of increased institutional trust.
Adding to the optimism surrounding Bitcoin, Hex Trust’s CEO, Alessio Quaglini, expressed confidence that U.S. banks are on the cusp of integrating Bitcoin services, provided that the regulatory framework becomes clearer. He anticipates that many American banks will soon offer custody, trading, and deposit services for Bitcoin, indicating that U.S. regulations could become the global standard for institutional adoption.
Founded in 2018, Hex Trust has established itself as a pivotal player in the crypto space, providing essential custody, trading, lending, and staking services to institutions in regions including Asia, the Middle East, and Europe. Quaglini posited that the firm is targeting $20 million in revenue by 2025 and is considering an IPO in the future, positioning itself to capitalize on the expanding institutional appetite for cryptocurrency while steering clear of direct market volatility.
Overall, the momentum surrounding Bitcoin’s potential role in central bank reserves reflects broader trends in institutional investment, as entities increasingly diversify their portfolios beyond traditional assets.
