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Bitcoin's Financial Evolution
This chapter explores the changing dynamics of Bitcoin within financial markets, with a specific focus on the impact of ETFs and corporate treasury practices. It examines Bitcoin's maturation as an asset class, the influence of large holders on market trends, and the challenges facing governmental monetary policies. By analyzing the U.S. Treasury's balance sheet and the potential role of Bitcoin as a strategic reserve, the chapter highlights the complexities and uncertainties in the current financial landscape.