Golden Finance reported that according to Cointelegraph, cryptocurrency research institution CoinShares stated in a blog post on January 10 that the establishment of a reserve bank in the United States will accelerate the adoption of Bitcoin even faster than the exchange-traded funds (ETFs) in 2024. ) will be launched even faster. In 2024, U.S. lawmakers proposed the Bitcoin Act, which would direct the U.S. Treasury Department to purchase 1 million BTC within 5 years to establish a “strategic Bitcoin reserve.” President-elect Donald Trump approved the plan, but it has not yet been passed into law. CoinShares said: “We believe that the enactment of the U.S. Bitcoin Act will have a more profound long-term impact on Bitcoin than the launch of ETFs.” CoinShares said “multiple interactions with institutional clients” indicate that Bitcoin’s “credibility” as an asset class remains a major barrier to institutional adoption of BTC.