Bitcoin is on the brink of major capital unlocks
StepStone, an investment consulting firm, published a report analyzing the role of bitcoin (BTC) as a store of value and a safe-haven asset, highlighting its strong performance and growing adoption among institutional investors.
The report, titled "The Turning Point of Cryptocurrencies: From Speculation to Real-World Adoption," does not issue a direct recommendation on BTC, but the tone of the analysis suggests it should be considered in diversification strategies of an investment portfolio.
This reflects that the institutional perspective is starting to change, which could result in large volumes of money beginning to flow into bitcoin.
According to the firm advising on approximately $700 billion in total capital, the digital asset industry "has left behind its speculative phase" and is entering a stage of synergy, where institutional adoption and regulatory clarity will be key to its growth.
The consulting firm compares this moment to the transition of the Internet from dial-up access to broadband: a technical change that enables real and massive applications.
Among the signs of maturity, the report mentions the approval of spot exchange-traded funds (ETFs) for BTC and ether (ETH), the native currency of the Ethereum ecosystem.
