Wintermute predicts that the UAE and Europe will follow the US in establishing Bitcoin reserves
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)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Next Week's Macro Outlook: Fed Rate Cut Cycle Set to Restart, Dot Plot Becomes New Market Focus
This week, the cumulative net inflow of US Ethereum spot ETFs reached $637.6 million.
Tether CEO: USAT, a US-regulated stablecoin, is planned to launch by the end of the year
Trending news
MoreCrypto prices
More
