Understanding Bitcoin: Past and Future

With broader institutional money entering digital assets, Bitcoin has taken a larger focus with investors.

Bitcoin has secured its place in the spotlight once again with increasing volume as ETFs swell and the price grows. The digital asset space is primed for major growth as more daily inflows see now signs of slowing.

Blackrock has substantially increased its position in a very short period of time, and other asset managers are taking large positions as well with Bitwise, Fidelity, Grayscale, ProShares and 21Shares registered record inflows totaling $2.45 billion globally last week, according to the latest report from CoinShares.

The United States maintained its leading position in the region, contributing to 99% of the weekly capital inflows, amounting to $2.4 billion. Funds based in Switzerland and Germany saw slight increases, with inflows of $16.7 million and $13.3 million, respectively. Meanwhile, Sweden experienced the most significant regional capital withdrawals, totaling $26.3 million.

I put a video together discussing some of the key historical markers on Bitcoin and where I see it in the future as an asset.