Bitcoin’s Path to Becoming a Reserve Asset Resembles Gold’s, Says Deutsche Bank, Foreseeing Both Existing Together by 2030

Deutsche Bank has made a striking projection, suggesting that

could be listed alongside gold on central bank balance sheets by 2030. This points to a significant shift in how monetary authorities might treat digital assets as part of their reserves. The report, released in September 2025, points to key factors such as growing institutional participation, clearer regulations, and imbalances between supply and demand that could pave the way for Bitcoin’s entry into central bank holdings. According to the bank’s findings, Bitcoin and gold would serve as complementary assets, both providing diversification benefits due to their low correlation with traditional markets and acting as safeguards against inflation and geopolitical instability Stack Sats Quickly: Deutsche Bank Predicts Bitcoin on Central Bank Balance Sheets by 2030 [ 1 ].

The trend of corporations accumulating Bitcoin has accelerated, resulting in a notable supply-demand gap that highlights strong institutional interest. By September 22, 2025, companies had acquired 463,685 BTC—almost three times the 164,250 BTC expected to be mined that year. This scarcity-driven competition is likely to intensify supply shortages, especially as central banks consider Bitcoin for their reserves. Deutsche Bank also observed that Bitcoin’s volatility has eased recently, with its 30-day volatility falling to 23% in August 2025, echoing the historical stabilization seen in gold as it became a reserve asset US Crypto News: Deutsche Bank Drops Bold Bitcoin Prediction [ 2 ].

Momentum from both geopolitical events and institutional actions is further bolstering the case for Bitcoin’s inclusion in central bank reserves. In March 2025, the United States established a Strategic Bitcoin Reserve by executive order, and Brazil has put forward a $19 billion reserve plan. Lawmakers in Russia and Switzerland’s central bank have also examined similar approaches. These developments illustrate a worldwide movement to diversify reserves beyond traditional currencies and gold. Bitcoin’s weak correlation with equities (12% since 2020) and its negative correlation with government bonds at times make it an appealing option for diversification Deutsche Bank Reveals a Bold Bitcoin Forecast [ 3 ].

Deutsche Bank’s research highlights the distinct characteristics of Bitcoin compared to gold. While gold tends to have stronger links to traditional assets (14% with stocks, 12% with bonds), Bitcoin’s separation from standard financial systems sets it apart as a unique store of value. The bank’s correlation studies since 2011 show that Bitcoin generally maintains weak ties to conventional assets, unlike Ethereum, which has a 79% correlation with Bitcoin, and gold, which varies across asset classes. This, combined with Bitcoin’s limited supply and technological advancement, could allow it to play a complementary role to gold in central bank reserves Deutsche Bank’s Bold Prediction: Bitcoin and Gold to Dominate [ 4 ].

Changes in regulations and broader economic trends are speeding up Bitcoin’s acceptance among institutions. The introduction of spot Bitcoin ETFs in the U.S. and Europe has made it easier for institutions to invest, with the iShares Bitcoin Trust alone managing assets exceeding $80 billion.

analysts compare Bitcoin’s evolution from a speculative investment to a primary reserve asset to the historical rise of gold, noting that both have shown similar risk and return characteristics over long periods. Despite short-term price swings, the bank anticipates Bitcoin could stabilize around $120,000 by the end of 2025, thanks to improved infrastructure and supportive regulations Bitcoin Could Join Gold on Central Bank Balance [ 5 ].

The ramifications of Deutsche Bank’s outlook go beyond institutional investors. If central banks begin to hold Bitcoin, it could transform global reserve management, especially in developing countries where Bitcoin has already been used to bypass capital restrictions. The bank’s research points out that Bitcoin’s reputation as a hedge against inflation and political turmoil is gaining traction, with its total market value surpassing $2.3 trillion and daily transactions topping 500,000. As global uncertainties continue, the possibility of Bitcoin sharing a place with gold on central bank balance sheets by 2030 signals a broader movement toward diversification in a fragmented economic landscape Diversifying with bitcoin, gold, and alternatives [ 6 ].