Deutsche Bank Predicts Central Bank Will Include Bitcoin and Gold As Reserve Portfolios By 2030

Deutsche Bank's research analysts Marion Laboure and Camilla Siazon forecast that central banks will strategically include both Bitcoin and gold in their reserve portfolios by 2030.

The report, titled "Gold's Reign, Bitcoin's Rise," suggests these assets will serve as complementary hedges against inflation, geopolitical risks, and declining U.S. dollar dominance. With the dollar's share of global reserves dropping from 60% in 2000 to 43% in 2025, central banks are seeking diversification strategies. The analysis highlights Bitcoin's evolution from speculative asset to potential "modern cornerstone of financial security," while gold maintains its traditional safe-haven status.

• Central banks currently hold 35,200 tonnes of gold, with 43% planning to increase holdings according to the World Gold Council
• Bitcoin's institutional adoption and historic low volatility despite price rallies above $125,000 signal growing legitimacy as a store of value
• Sovereign adoption could accelerate de-dollarization efforts and establish a multipolar reserve system, potentially weakening U.S. financial leverage
• The transition would require significant regulatory frameworks and custody infrastructure development for both digital and physical assets