CoinShares stated that establishing a strategic Bitcoin reserve in the United States could accelerate Bitcoin adoption more significantly than the upcoming exchange-traded fund (ETF) launches. The Bitcoin Act, proposed in 2024, aims to have the US Treasury create a reserve by purchasing 1 million BTC over five years, gaining support from President-elect Donald Trump. CoinShares argues that the act would enhance Bitcoin's credibility, reducing the stigma for institutional investors by effectively endorsing it as an asset class by the world's largest government. While numerous states have proposed their own BTC reserve bills, the potential influx from ETFs following regulatory approvals in January 2024 is expected to significantly impact Bitcoin's price in 2025. Analysts predict that passing the Bitcoin Act could lead to further substantial investments in Bitcoin, transforming the market dynamics.

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