The mainstream adoption of Bitcoin and digital assets has experienced a sharp uptick in the recent past catalyzed by clear crypto regulations in the United States. Under the Presidency of Donald Trump, the United States has made significant strides towards achieving clear crypto regulations than in the past administrations.
The notable growth of Strategy through its Bitcoin plan has convinced dozens of other companies to follow a similar approach. According to data from BitcoinTreasuries, 223 entities hold more than 3.39 million Bitcoins, representing a 3 percent increase in the past 30 days.
Meanwhile, the U.S. spot Bitcoin ETFs have recorded a cumulative net cash inflow of more than $44 billion and currently hold total assets worth over $128 billion.
BTC price has continued to experience the impact of the supply vs demand shock in the recent past. As the digital gold narrative grows exponentially, Wall Street experts forecast a parabolic rally for Bitcoin in the near future.
