Goldman, Deutsche, JPMorgan have also lowered outlooks for 2025.
Asset manager has boosted its outlook in response to trade war escalation.
But do they side with US sentiment or forge their own path?
Higher interest rates and a strong US dollar, which traditionally act as headwinds, haven't deterred market-stung investors from seeking refuge in the yellow metal.
Firms that had only dipped a toe in have a chance to go deeper as vision to make the US "the crypto capital of the planet" takes shape.
Passing the bill would see the US Treasury holding crypto reserves.
Domestic stocks appear to be suffering most from the trade levies.
It will be a first test of the two financial firm's nascent partnership.
Both investors and issuers are cautious right now.
Data show the much-anticipated fund, launched in partnership with Apollo, has only seen two days of net inflows over two weeks.
