Bitcoin Adoption Expected to Rise by 2025, Says Report

According to PANews, a report by WisdomTree highlights significant trends in the cryptocurrency sector, indicating that Bitcoin is no longer a niche investment as institutional adoption is rapidly increasing. The report suggests that multi-asset portfolios including Bitcoin have consistently outperformed those without it. WisdomTree anticipates that Bitcoin adoption will continue to rise by 2025 due to growing client demand. The introduction of a U.S. spot Bitcoin ETF has contributed to the mainstream acceptance of cryptocurrencies, and more countries may approve exchange-traded products (ETPs) for altcoins like SOL and XRP in the future. The report also emphasizes Ethereum's crucial role in the DeFi, NFT, and Web3 sectors, although scalability issues remain unresolved. Additionally, stablecoins and asset tokenization are expected to experience substantial growth, further advancing the application of blockchain technology in the global financial system.