Bitcoin is at the gates of the largest capital unlocks

Stepstone, an investment consultant, published a report in which he analyzes the role of Bitcoin (BTC) as a reserve of value and shelter active, highlighting his solid performance and the growing adoption among institutional investors.

The report, entitled «The turning point of cryptocurrencies: from speculation to adoption in the real world,» does not issue a direct recommendation on BTC, but the tone of the analysis suggests that it must be considered in diversification strategies of an investment portfolio.

This reflects that the institutional perspective is beginning to change, which could result that large volumes of money begin to flow to Bitcoin.

According to the firm that provides advice on approximately 700,000 million dollars in total capital, the digital asset industry «has left behind its speculative phase» and is entering a synergy stage, in which institutional adoption and regulatory clarity will be key to its growth.

The consultant compares this moment with the Internet transition from Dial-Up access to broadband: a technical change that allows real and massive applications.

Among the maturity signals, the report mentions the approval of the funds quoted in the stock market (ETF) in the cash of BTC and Ether (ETH), the native currency of the Ethereum ecosystem.

«These instruments allow large investors to expose cryptoactive without the need to acquire them directly, which reduces technical and custody barriers, and opens the door to a greater allocation of institutional capital to the sector,» the report highlights.

It also highlights that «as well as the introduction of gold ETFs in the early 2000s, it promoted institutional demand for metal, Bitcoin ETFs could represent a similar turning point for digital assets.»

To illustrate it, compare the entry of capital into the Golden ETFs after its launch with which Bitcoin received in its first year.

While the funds supported by the metal took years to attract relevant volumes, BTC captured more than 37,000 million dollars in just twelve months.

Leaving the ETF aside, the firm also emphasizes that BTC has managed to consolidate as a value reserve, since pension funds, companies and governments are beginning to incorporate it due to their similarities with gold.

«Although it was originally conceived as a pairs payment system, its volatility has limited its use for daily transactions. On the other hand, it has evolved towards a reserve of non -sovereign global value and resistant to censorship, often called ‘digital gold’,» is described in the report.

As cryptoics has reported, to Many BTC investors is «digital gold»because of the similarities it has with precious metal.

The supply of BTC is decentralized and resistant to censorship by governments or financial entities. In addition, its supply is limited to 21 million units, whose broadcast is reduced every 4 years in an event known as Halving.

Unlike Fíat money, the currency created by Satoshi Nakamoto is not devalued by the issuance and monetary policies of the central banks.

For this reason, BTC is considered by many investors as a shelter asset in times of economic uncertainty and geopolitical tensions.

Although the narrative as a value reserve has been questioned at different times, historical data shows that The digital currency has surpassed almost all traditional assets between 2013 and 2024.

The following table compares its annual performance with the United States shares (US Equities), real estate (Real Estate), United States bonds (US Bonds), debt instruments of the US government (US Treasuries), raw materials (Commodities), oro (Gold), emerging market actions (EM Equities).

This report is important because consultants are beginning to validate investments in BTC.

When signatures of this magnitude issue a favorable recommendation, it is not just an opinion, but a «sign of authorization.» In other words, it is a green light that You can open the door to millionaire flows to an asset like BTC.

Sam Callahan, Swan’s leading market analyst, an investment platform in Bitcoin, said that «in the institutional world, consultants are the guardians of capital,» and added: «Today, most consultants remain skeptical about BTC, which has hindered their institutional adoption. But that could be starting to change.»

He also highlighted the importance of a Stepstone level consultant to speak positively about BTC and was enthusiastic about the possibility of more signatures begin to recommend it to their clients, since this could «unlock some of the world’s largest capital funds.»

In conclusion, that consultants begin to validate BTC as an investment option represents a key turn. It is that with an offer limited to 21 million units, any increase in demand can translate into a strong bullish impulse.

Even a marginal assignment by pension funds, governments or large corporations could act as a powerful catalyst for its price.

In that line, an OKG Research report estimates that in 2025 about 2.28 billion dollars could enter the market, driven both by growing institutional participation. If this scenario is completed, the price of BTC could reach $ 200,000, according to the report.

Arthur Hayes, known finance expert and co -founder of Bitmex, says that BTC is aimed at reaching a million dollars in 2028. According to his thesis, the deep change is in the dynamics of global liquidity, where the real engine is no longer the Federal Reserve (Fed), but the United States Treasury Department.

The expansion of the money supply through repurchase operations, debt auctions and capital control strategies is what really drives markets, says Hayes.

As it is clearer that governments will continue to spend more than they enter and print money to cover that deficit, BTC begins to be seen otherwise. It is no longer considered an asset of speculation, but a refuge to protect itself from the loss of value of the Fíat money. This narrative is the one that is beginning to gain ground among financial consultants.