Crypto adoption is outpacing early internet usage, according to Galaxy research. Comparing the numbers of early internet users and crypto early adopters, it appears that crypto is growing rapidly.
Global Crypto User Number Will Reach 8% by 2025
Today, there are over 580 million global crypto users. This figure is expected to rise to 8% of the world’s population by 2025, according to a report by MatrixPort.
Institutional Interest Driving Crypto Adoption
Especially large funds $62,401 Institutional interest, such as its purchase of ETFs, is significantly increasing crypto adoption. Bitcoin ETFs approved in regions such as the US, Australia and Hong Kong are attracting the attention of institutional investors.
Bitcoin ETF Options Pending Approval
10x Research founder Markus Thielen stated in a statement to Cointelegraph that Bitcoin spot ETF-based options could increase institutional interest.
Bitcoin’s evolution triggers constant price increases as new layers of Bitcoin acquisition are added to financial markets. Bitcoin spot ETF-based options could potentially spark a new wave of institutional interest.
Approved by the U.S. Securities and Exchange Commission (SEC), the option trading will offer physically delivered Bitcoin. This approval is consistent with ETF regulations and is expected to increase market liquidity.
Bloomberg’s Eric Balchunas predicts that this development will increase liquidity and attract investor interest, thus benefiting Bitcoin ETFs overall.
According to the SEC, these options will allow investors to protect against Bitcoin volatility, but strong oversight mechanisms will be needed to prevent market manipulation.
Bitcoin options, which are still awaiting Option Clearing Commission (OCC) and Commodity Futures Trading Commission (CFTC) approvals before being officially listed, are advancing integration into the global financial system.
The rapid growth of crypto adoption continues to change market dynamics while providing new opportunities for investors. Increasing institutional interest is supporting wider adoption of cryptocurrencies.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.