According to a new research report from Fidelity, 2025 could be the year that central banks and sovereign governments around the world start buying Bitcoin (CRYPTO: BTC). That's a significant change, given how much money might flow into Bitcoin.
In fact, the amount of money flowing into Bitcoin might even surpass the amount that has already arrived via the new spot Bitcoin ETFs. If that's the case, then Bitcoin might skyrocket in value. But just how likely is this scenario? Let's take a closer look.
The strategic Bitcoin reserve
It's perhaps no surprise what led to this recent development of central banks and sovereign governments buying Bitcoin: a proposed plan by the U.S. government to launch a strategic Bitcoin reserve. While the U.S. government already ranks as the largest sovereign holder of Bitcoin in the world, there has never been any formal strategy in place to acquire crypto. The creation of a strategic Bitcoin reserve would change that.
Source : yahoo! finance
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