#MarketRebound In Bernstein, five factors for the continued growth of Bitcoin were named. The five catalysts for further Bitcoin growth are as follows:
A more stable capital base and a wave of acquisition by institutional investors. During February-March, the outflow from BTC-ETFs amounted to ~$4 billion, and in April it slowed down significantly. About 80 corporations hold Bitcoin on their balance sheets, some of which continue to increase their positions.
New purchases for strategic reserves. Experts expect that the USA might potentially expand its Bitcoin reserves. Proposals are being considered for financing through the revaluation of gold certificates or the issuance of bonds backed by the first cryptocurrency.
Adoption by banks. Digital assets are becoming mainstream thanks to regulators and institutional interest — they are exploring stablecoins for cross-border settlements and expanding their presence in the storage, management, and trading segments. Momentum around 'stable coins.' The expected shift in regulation in the USA will manifest technology beyond the cryptocurrency market, primarily in the field of remittances and B2B payments.
A push from asset managers