According to Deep Tide TechFlow news on December 27, as reported by The Block, an analyst from the market maker Wintermute stated that the trend of companies adding Bitcoin to their balance sheets could develop by 2025.
Wintermute's over-the-counter trader Jake Ostrovskis stated, "I believe that next year, when companies start adding Bitcoin to their balance sheets on an institutional basis, it will become quite a significant driver." You may also see small and medium-sized enterprises (SMEs) join in.
He pointed out, "Currently, people are talking about the impact of ETFs, but the real driving factor is that you can now allow pension funds and sovereign wealth funds to put cash in." Traditional hedge funds have been waiting for exchange-traded funds to provide an entry into the cryptocurrency market, and now they are acting quickly because they see the opportunity in the market.
Ostrovskis predicts that some companies will follow the example of MicroStrategy, replacing it with Ethereum.