Factors Influencing Growth
• Institutional Adoption: Morgan Stanley plans to launch cryptocurrency trading on its E*Trade platform, and Strategy (formerly MicroStrategy) has increased its Bitcoin holdings by adding over 15,000 BTC in April.
• Regulatory Changes: Recent changes in U.S. policy, including easing restrictions for banks regarding cryptocurrencies, are contributing to increased interest from financial institutions.
• Macroeconomic Conditions: Investors are seeking alternatives to traditional assets amid market instability, which enhances Bitcoin's appeal as a 'safe haven'.
