PiCK
Fidelity: 'More Countries to Stockpile Bitcoin This Year...Possibility of Secret Purchases'
- Fidelity predicts that more governments, central banks, and sovereign wealth funds will set strategic positions in Bitcoin this year.
- Hougan analyzed that if the United States starts stockpiling Bitcoin as a strategic asset, other countries are likely to begin secretly accumulating Bitcoin.
- Hougan stated that the success of Bitcoin and Ethereum spot ETFs should not be underestimated, and cryptocurrency-related financial products will become mainstream in the traditional finance industry.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Global asset management firm Fidelity predicts that more countries will stockpile Bitcoin (BTC) this year.
According to Cointelegraph on the 8th, Matt Hougan, an analyst at Fidelity Digital Assets, stated in the '2025 Outlook' report released on the 7th (local time) that "more governments, central banks, and sovereign wealth funds will set strategic positions in Bitcoin this year."
Hougan highlighted Bhutan and El Salvador, which are stockpiling Bitcoin at the government level. He noted, "Many governments will be inspired by the strategies of Bhutan and El Salvador," adding that "they may focus on the significant profits achieved in a relatively short period through Bitcoin strategies."
There is also a possibility that some governments may secretly stockpile Bitcoin. Hougan analyzed, "If the United States starts stockpiling Bitcoin as a strategic asset, other countries are likely to begin secretly accumulating Bitcoin," explaining that "announcing purchase plans could instead stimulate investors and drive up the price of Bitcoin."
Additionally, Hougan argued that cryptocurrency-related financial products could become mainstream in the industry this year. He stated, "The success of Bitcoin and Ethereum (ETH) spot ETFs should not be underestimated," predicting that "more structured cryptocurrency products will appear in the TradFi (traditional finance) industry this year."