Hunter Horsley, CEO of Bitwise, has predicted that 2025 might be the year when Bitcoin sees large-scale corporate adoption. This article explores the reasons behind this prediction as well as the current market status.
Hunter Horsley's Prediction
Hunter Horsley, CEO of Bitwise, took to social media to express his view that 2025 could be significant for new corporates adopting the Bitcoin Standard.
Bitwise's ETF Initiative
Bitwise has recently filed for an ETF that targets companies with Bitcoin treasuries. The ETF product will invest in firms with at least 1,000 BTC on their balance sheets, with weightings based on Bitcoin holdings rather than market cap.
Current Market Status
Bitcoin corporate adoption remains largely stagnant, with MicroStrategy leading alongside some mining firms. Only 22 companies currently hold more than 1,000 BTC on their balance sheets. Tesla's significant purchase in 2021 did not trigger a trend, and recently, 99% of Microsoft shareholders rejected a proposal to assess Bitcoin investments.
While corporate Bitcoin adoption faces challenges today, the prediction for 2025 offers hope for a shift towards positive change.
