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Sovereign Adoption Another Bitcoin Catalyst
Bitcoin’s 2025 ascent and the upside delivered by ETFs such as the CoinShares Valkyrie Bitcoin Fund (BRRR) has been attributed to a variety of factors, including increased adoption. This year, the bitcoin adoption conversation has largely centered around two factors. Those are: institutional buying, including by sponsors of funds like BRRR, and more corporations adding the largest cryptocurrency to their treasuries as an alternative to fiat currencies. To be sure, those are valid fundamental contributors to bitcoin’s 2025 gains. But arguably lost in the conversation is adoption by various countries. That issue ... (full story)
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