Bitcoin’s ETF Era: Wall Street Buys the Dip

• U.S. spot ETFs have absorbed over $130B in assets, led by iBIT’s record-breaking $70B AUM milestone surpassing GLD’s record fivefold in speed.

• The structure creates a consistent, deep-pocketed bid absorbing sell pressure from whales and long-term holders.

• ETF adoption mirrors gold’s post-2004 trajectory, suggesting Bitcoin’s price may still be in the early innings of its upward revaluation.

• ETFs are more than access: they’re a public signal, onboarding tool, and trust bridge for the legacy system.

Institutional Allocation: Long Process, Clear Momentum

• Large allocators like the Wisconsin and Michigan pension systems have begun allocating to spot Bitcoin ETFs, marking a major structural shift.

• ETF exposure introduces Bitcoin to millions of beneficiaries through institutional channels effectively distributing BTC at scale.

• Institutions are still operating within traditional frameworks (60/40, rebalancing mandates), but exposure is exposure.

• Conviction may start low (e.g. 1–2% allocations), but prolonged price stability and policy clarity could accelerate re-weighting.

Market Structure & Policy: Bitcoin Breaks from the Pack

• Bitcoin stands out with relatively clear U.S. regulatory treatment, making it the preferred asset among institutions navigating compliance risk.

• Momentum is building behind a potential U.S. Bitcoin Strategic Reserve—though funding it in a budget-neutral way remains a sticking point.

• State-level divergence is widening: New Hampshire and Texas are moving toward pro-Bitcoin legislation, while Connecticut is banning state investments entirely.

• Broader market structure bills (covering custody, exchanges, and asset classifications) may face gridlock, but Bitcoin-specific policy could advance sooner.

Custody, Safety, and the Physical Risk Layer

• 2025 is trending toward a record year for documented physical attacks targeting crypto owners, according to Galaxy research.

• As balances increase and wealth centralizes in self-custody, so does the risk, pushing investors toward professional, institutional custody models.

• ETFs and qualified custodians are now viewed not only as access tools but also as personal safety layers.

• Multi-institution custody models offer a compelling hybrid: minimizing counterparty risk without increasing personal exposure.

Stablecoins, Sovereigns & Strategic Convergence

• USD-backed stablecoins are expanding globally, especially in emerging markets where demand for dollar exposure is high and banking infrastructure is weak.

• Stablecoin regulation is gaining bipartisan traction in Washington, with broad recognition that dollar-denominated tokens may help fund U.S. debt and extend dollar influence.

• As traditional financial players (e.g. Fidelity, Bank of America) enter the space, stablecoins are becoming the default digital cash layer.

• Bitcoin and stablecoins increasingly work in tandem—stablecoins for velocity and spending, Bitcoin for saving and sovereignty.

Whether you’re making an initial allocation or already have a significant position, Onramp helps you protect and grow your Bitcoin with institutional-grade custody, seamless inheritance planning, and access to trusted financial services.

Private client experience. Multi-institution security. Total peace of mind.

Onramp — Where Security Meets Simplicity.