Kiyosaki Bitcoin Prediction: $200,000 by Year-End?

Goldman Sachs has highlighted regulatory reform as a key catalyst for institutional crypto adoption. The bank noted that regulatory clarity is seen by 32% of institutions as the top catalyst for growth in the sector. Market structure legislation in 2026 could unlock tokenization and DeFi, further attracting institutional flows.

Morgan Stanley recently filed an S-1 registration statement with the SEC to launch a spot Bitcoin Trust. This move reflects growing demand for regulated exposure to Bitcoin and represents a significant shift in how traditional banks are integrating digital assets.

Bitcoin is currently trading at $93,500, having risen 7.5% since the start of the year. However, the recent rally has occurred on minimal volume, raising concerns about fragile liquidity in the market.

Why the Move Happened

Regulatory uncertainty has long been a barrier for institutional adoption of crypto. Goldman Sachs reported that 35% of institutions cite this as their biggest challenge. With recent changes in leadership at the SEC and a shift in policy goals under President Trump, the regulatory environment has become more favorable for the industry.

Draft bills in Congress aim to clarify how tokenized assets and DeFi projects are regulated. This clarity could be critical for attracting institutional capital, particularly in the first half of 2026 before midterm elections might slow progress.

How Markets Responded

The approval of spot Bitcoin ETFs in 2024 marked a turning point, with Bitcoin ETFs growing to $115 billion in assets by the end of 2025. Ether ETFs have also gained traction, surpassing $20 billion.

Morgan Stanley's filing adds to this trend. The bank's move into the space could lead to greater legitimacy and accessibility for institutional and retail investors alike.

Despite these developments, liquidity in the spot market has declined. Market-making firms have pulled back, making it harder to absorb large trades without significant price swings.

What Analysts Are Watching Next

Analysts are closely monitoring the progress of U.S. market structure legislation. If passed, it could unlock new use cases such as tokenization and stablecoins, which have already seen growth to nearly $300 billion in capitalization.

Goldman Sachs emphasized that institutional adoption is still in its early stages, with only 7% of assets under management currently allocated to crypto. However, 71% of institutions plan to increase exposure within the next year.

The SEC's approval process for Morgan Stanley's Bitcoin Trust is expected to take several months. Industry observers believe that the bank's credibility and the existing regulatory precedent set by earlier ETF approvals could influence the outcome.

Institutional investors are also watching for signs of sustained growth in crypto infrastructure companies, which are less exposed to market cycles and could benefit from broader ecosystem expansion.

With regulatory clarity on the horizon and institutional demand rising, the path for crypto to become a mainstream asset class is becoming clearer. However, volatility and liquidity remain key challenges that need to be addressed for long-term adoption.