
Bitcoin recorded a new ATH at $109,951.70 in January 2025 and we are witnessing a sustainable price performance in the first quarter of 2025 despite conventional markets taking a significant beating. However, we are yet to witness the level of activity many commentators predicted as the total Assets Under Management (AUM) of Bitcoin ETFs currently total below $120 billion. While this is a healthy figure, it is still a far cry from the trillions of dollars worth of money predicted in early 2024 when these funds were launched.
At the same time, the regulatory frameworks in the United States are evolving, necessitating market participants to anticipate substantial changes in the regulation and trading of digital assets.