#BitwiseBitcoinETF

In this last quarter particularly in this last month Bitcoin witnessed bullish runs which have largely been sustained despite a recent market correction as the year 2024 draws to a close.

Three critical signals which have been identified as major contributors to this bullish ride include successful runs of Bitcoin ETFs, Trump's favourable public stance on cryptocurrency, Blackrock's recommendation. With these signals 2025 is being touted by some as the year of Bitcoin since the present massive adoption by institutions and nation-states is expected to snowball. BTC price of $200k has been predicted.

Bitwise, a five-billion dollar asset manager, also projected that the number of countries that will own Bitcoin will double in 2025. Presently 8 countries including the US and China own about 2.52% of all BTC which is 529, 558 BTC.

Without doubt recorded successes in ETF investments including Bitwise BTC ETF investment is a key determinant in driving crypto market optimism. 2025 will be the year of cryptocurrency.