<ul><li>The BRICS bloc, consisting of Brazil, Russia, India, China, and South Africa, is expected to drive the adoption of Bitcoin (BTC) according to VanEck's Head of Digital Asset Research, Matthew Sigel.</li><li>The BRICS alliance, which has recently expanded with the addition of five new nations, expressed its commitment to shift away from the US dollar but stated that it will not build new infrastructure for de-dollarization.</li><li>Bitcoin's decentralized nature and technical features make it a viable option for the BRICS bloc, which has a combined GDP greater than the G7 countries.</li><li>Bitcoin's usage is increasing globally as countries look for alternatives to circumvent US fiscal policy, and its price surge coincides with growing institutional interest in Bitcoin ETFs.</li></ul>

BRICS Nations Expected to Drive Bitcoin Adoption, Says VanEck

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