Fidelity Digital Assets research analyst Matt Hogan said not making any Bitcoin allocation could become more of a risk to nations than making one.
Countries who are expected to add Bitcoin into national strategic reserves over 2025 will kick off significant growth in the crypto market, Fidelity Digital Assets says in its latest research paper.
“We anticipate more nation-states, central banks, sovereign wealth funds, and government treasuries will look to establish strategic positions in Bitcoin,” said Fidelity Digital Assets research analyst Matt Hogan in the firm’s Jan. 7 paper titled “2025 Look Ahead.”
He added that these establishments may take notice of the playbook employed by Bhutan and El Salvador, “and the substantial returns they have been able to glean from such positions in a relatively short amount of time.”
