Bitcoin’s post-election recovery and renewed ETF inflows suggest institutional interest remains intact, even as analysts warn that a Democratic-controlled Congress could delay US cryptocurrency legislation.
Summary
- Bitcoin ETFs attracted $74.6 million on Nov. 4 after three consecutive sessions of withdrawals.
- Kirkley expects institutional demand to remain driven by liquidity, monetary policy and portfolio allocation.
- Khus warned that divided government could increase policy uncertainty and weigh on Bitcoin.
- Financial institutions still need clearer rules for custody, payments, settlement and compliance, Kirkley said.
Ryan Kirkley, co-founder and CEO of Global…
