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US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares

The proposed Bitcoin Act aims to create a strategic reserve of 1 million BTC in the US, believed to significantly boost Bitcoin adoption beyond the expected impact of 2024’s ETF launches. This initiative is supported by President-elect Donald Trump but hasn’t been enacted yet.

CoinShares suggests that the act could reduce institutional stigma surrounding Bitcoin, driving MAJOR inflows and demand shocks that could elevate BTC prices significantly in 2025. The credibility of institutional investors in Bitcoin remains low, but the enactment of the act might transform perceptions.

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