BITCOIN SEASON 2: Bitcoin By The Numbers in 2025

The 2025 River Bitcoin Report is in and it shows that funds/ETFs are hoovering up your Bitcoin!

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We break down the 2024 River Financial Report. What countries are buying? Which funds are buying? What does the average Bitcoin user look like? And what the heck is up with Lightning these days?

Notes:

• Lightning mixed: up & down

• ETFs are buying individuals Bitcoin

• Sovereigns are starting to but BTC

• Good vs Bad changes to Bitcoin in 2024

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Timestamps

00:00 Intro Bitcoin Season 2 Writers Room

00:22 Institutions Are Buying All Your Bitcoin

02:42 How ETFs & Institutions Are Changing Bitcoin

05:35 MicroStrategy’s Massive Bitcoin Holdings

12:03 Nation-States & Governments Holding Bitcoin

16:26 Bitcoin’s Bull Case How Early Are We

22:27 ETFs & The 2024 Bitcoin Bull Market

26:50 The State of the Bitcoin Lightning Network

39:00 Stablecoins Adoption & Bitcoin’s Use Cases

42:03 Bitcoin Protocol Upgrades & Future Development

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