Odaily reports that analysts say that Trump's US Bitcoin reserves are expected to drive global Bitcoin adoption, promote institutional investment, and consolidate its position as a strategic asset. Bitwise research chief Ryan Rasmussen expects the US Bitcoin reserves to have a ripple effect, with other countries and private investors becoming more confident in investing in Bitcoin, and the end result is certainly not the US government buying all the Bitcoin in the world. In addition, large institutional investors, such as wealth management firms, financial institutions, and pension plans, now have no reason not to increase their investment in Bitcoin and other crypto-assets endorsed by the Trump administration. (Cointelegraph)