Everest Ventures Group (EVG) reposted this
The #cryptocurrency market is undergoing a fundamental capital rotation from retail speculators to institutional investors. The LUNA and FTX collapse served as a crucial stress test, eliminating bad actors and fostering the regulatory clarity necessary to create a more stable and attractive entry point for institutional capital, paving the way for the landmark approval of Spot Bitcoin ETFs in 2024. Bitcoin Layer 2 solutions like Stacks unlock smart contract functionality for Bitcoin, transforming it from a passive store of value into a productive, yield-bearing asset. This creates a vibrant on-chain capital market where Bitcoin can be utilized in #DeFi applications like lending and staking without leaving its native ecosystem. With the global assets market valued at $920 trillion, the integration of blockchain technology could unlock significant potential, enabling more efficient, transparent, and accessible markets. While the on-chain capital market is currently dominated by Ethereum ($87b in TVL, representing 18% of ETH market cap), Bitcoin is a much larger market with over $393b untapped potential. The growing adoption of Bitcoin, evidenced by 49.7m BTCFi holders and 189m stablecoin users, paves the way for unlocking trillion dollars of on-chain capital markets. Read our full analysis of Bitcoin Capital Markets as we cover: - Fundamental capital rotation from retail speculators to institutional investors - Key drivers of Institutional Adoption - Key Avenues for Institutional Capital Deployment - The Foundational Infrastructure for On-Chain Capital - A Structural Shift Towards Mainstream Integration Download the full report: https://lnkd.in/g2hiK43Y