Wintermute predicts for 2025 that this year, cryptocurrency will be more deeply integrated into traditional finance (TradFi) through exchange-traded funds (ETFs) and corporate holdings. The UAE and Europe may follow the US in establishing BTC strategic reserves. A listed company will sell debt or shares to purchase ETH, imitating MicroStrategy's (MSTR) Bitcoin acquisition policy. Additionally, a systemically important bank will offer spot cryptocurrency trading to its customers. (Coindesk)