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Trump’s Strategic Bitcoin Reserve Removes Final Risk for Bitcoin, Says Bitwise CIO

  • The launch of Coinbase in 2011, institutional custodianship from firms like Fidelity, and the approval of spot Bitcoin ETFs have contributed to Bitcoin's growing credibility.
  • The establishment of the Strategic Bitcoin Reserve has effectively alleviated concerns about government bans on Bitcoin.
  • Trump's executive order created the U.S. Strategic Bitcoin Reserve, holding 103,500 BTC and reducing the risk of government bans.
  • Increased investor confidence in Bitcoin has led to a shift in behavior, with clients increasing their Bitcoin allocation and recognizing its reduced risk and long-term potential.

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