德银：料比特币和黄金将成全球央行主要储备

Core Insights - Deutsche Bank's report indicates increasing interest from institutional investors and a persistent weakness of the US dollar, predicting that by 2030, gold and Bitcoin may become primary reserve assets for central banks [1] - The report highlights that Bitcoin's allocation by central banks could represent a modern "financial security cornerstone," akin to the role gold played in the 20th century [1] Group 1: Central Bank Reserve Trends - The global share of US dollar reserves held by central banks has decreased from 60% in 2000 to approximately 41% this year [1] - Gold reserves have surpassed 360,000 tons, indicating a significant shift towards alternative reserve assets [1] Group 2: Investment Trends - In June of this year, net inflows into gold and Bitcoin exchange-traded funds (ETFs) reached $5 billion and $4.7 billion, respectively [1] - The trend of "gold is back" is closely related to the wave of "de-dollarization," creating space for alternative reserve assets like gold [1] Group 3: Future Outlook - Both gold and Bitcoin are not expected to completely replace the US dollar but should exist as "supplementary tools" for reserve currencies [1] - JPMorgan notes that stablecoins may create new demand for the US dollar, projecting that by 2027, the stablecoin market could generate approximately $1.4 trillion in additional demand for the dollar [1]