As of May 5, 2025, the U.S. Treasury faces a pivotal deadline to submit its assessment on establishing a Strategic Bitcoin Reserve, as mandated by President Donald Trump's executive order issued on March 6, 2025. : The U.S. move towards a Strategic$BTC Bitcoin Reserve is part of a broader trend where governments are exploring the role of digital assets in national financial strategies. El Salvador remains the only nation openly buying Bitcoin, but interest among other governments is increasing.
Bitcoin surged near $BTC 95,600 on April 28 to its highest level since mid-February. As of Monday, bitcoin was up less than 1% for 2025. Still, the cryptocurrency is up more than 39% from Nov. 4, after the U.S. presidential election.
The five largest bitcoin ETFs, measured by their currency holdings, are iShares Bitcoin, Fidelity Wise Origin (FBTC), Grayscale Bitcoin (GBTC), ARK 21Shares Bitcoin (ARKB) and Grayscale Bitcoin Mini (BTC). All are nearly flat for the year.
Zagotta of Bitstamp is optimistic for the second half of the year. He expects additional U.S. regulatory clarity, even if it isn't "complete."Bitcoin surged near $ETH 95,600 on April 28 to its highest level since mid-February. As of Monday, bitcoin was up less than 1% for 2025. Still, the cryptocurrency is up more than 39% from Nov. 4, after the U.S. presidential election.
The five largest bitcoin ETFs, measured by their currency holdings, are iShares Bitcoin, Fidelity Wise Origin (FBTC), Grayscale Bitcoin (GBTC), ARK 21Shares Bitcoin (ARKB) and Grayscale Bitcoin Mini $(BTC). All are nearly flat for the year.
Zagotta of Bitstamp is optimistic for the second half of the year. He expects additional U.S. regulatory clarity, even if it isn't "complete."
