According to a research paper published by Fidelity Digital Assets, by 2025, countries are expected to start adding Bitcoin to their national strategic reserves, which will lead to significant growth in the crypto market.
Fidelity Digital Assets research analyst Matt Hogan stated they predict that more nation-states, central banks, sovereign wealth funds and government treasuries will start investing in Bitcoin.
He also mentioned that countries can take note of the success of Bhutan and El Salvador in their Bitcoin investments.
Hogan believes that having no allocation in Bitcoin could become a major risk for nations due to problems such as high inflation, currency devaluation and fiscal deficits.