Retail investors are running out of time to accumulate bitcoin as institutional adoption accelerates, according to Sergej Kunz, co-founder of the Exchange Aggregator 1inch.
Bitcoin (Btc) is emerging with an alternative currency reserves, propelling institutional demand and potential pricing of retail investors, Kunz said during the longitude of cointelegraph in Dubai.
“Every retail user should be thinking about getting even a bitcoin – soon they can’t afford it,” Kunz said.
If the United States starts buying bitcoin for a strategic reserve, even smaller countries can easily struggle to get cryptocurrency, he added. “I’m sure we’ll soon see the countries fighting over who owns more bitcoin. The US will start.”
Bitcoin’s demand has been accelerated since US President Donald Trump announced the sweeping of tariffs on US imports in April, setting up a global trade war.
“The only thing that still acts as a real fence-throughout the borders, against inflation-is Bitcoin,” Animoca co-founder Yat Siu said during the panel.
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Global Reserve Asset?
On the week of April 21-25, funds exchanged by Bitcoin Exchange (ETF) attracted more than $ 3 billion in streams As institutions seek safety in “digital gold” in the midst of macroeconomic uncertainty.
Analysts said demanding from financial institutions Can push the price of bitcoin as high as $ 200,000 Every coin this year. By 2029, the adoption of the institutional bitcoin may Pushing the price of cryptocurrency Earlier $ 1 million, the head of European Research, André Dragosch said.
For Bitcoin, “(T) he silver lining is that the uncertainty in the economy has historically accelerated the institution’s interest in digital properties as a diversity approach,” David Siemer, co-founder and CEO of Wave Digital Assets, said to the cointelegraph.
Until May 1, Bitcoin ETFs and other institutional funds are up to $ 128 billion worth of BTC, according to Data from bitcointreasuries.net. Corporate treasures hold another more than $ 73 billion, data displays.
The states of sovereignty – including the US, China, and the United Kingdom – collectively hold more than $ 130 billion worth of BTC. However, most of those handles are from crypto assets taken by law enforcement, not clearly buying bitcoin.
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