
Annual Crypto Theses 2025 Audiobook | All Chapters
Messari's Unqualified Opinions
Bitcoin's Future and ETF Dynamics
This chapter explores the substantial Bitcoin holdings managed by ETF issuers like BlackRock and Grayscale, detailing MicroStrategy's aggressive accumulation strategy. It anticipates Bitcoin's evolution as a major store of value, alongside emerging trends in regulatory environments and technological advancements. Additionally, the chapter highlights the competitive landscape of cryptocurrencies, particularly focusing on the valuation of layer one blockchains and the impact of new innovations on market dynamics.
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