Bitcoin May Be Added to Central Bank Reserve Balance Sheets by 2030, Deutsche Bank Forecasts

Deutsche Bank: Bitcoin May Join Gold in Central Bank Reserves, but Dollar’s Dominance Intact

Bitcoin (BTC $112,562.94) could be adopted as a reserve asset by central banks by 2030, Deutsche Bank (DBK) said in a new report, marking a potential milestone in its shift from speculation to legitimacy.

The bank sees bitcoin and gold as natural complements — scarce, portable assets that hedge against inflation and geopolitical shocks. But it emphasized the U.S. dollar’s 57% share of global reserves and argued governments would act to preserve monetary sovereignty.

Signs of diversification are already visible. China pared back its U.S. Treasury holdings by $57 billion last year, while major economies advance crypto regulation frameworks.

Gold continues to lead as the safe-haven benchmark, climbing to a record $3,763 Monday — more than 40% higher year-to-date. Bitcoin, meanwhile, has seen its volatility narrow to record lows in August, even as it topped $123,500.

Deutsche Bank said bitcoin’s path is likely to mirror gold’s: slow acceptance, institutional adoption, and eventual recognition as part of the global reserve mix.