40 countries have entered, institutions are buying every day, those waiting for a catalyst may still be waiting, but the train has already left.

Wu learned that Coinbase Head of Policy John D’Agostino stated in a CNBC interview that more than 40 countries have committed to buying Bitcoin in some form for national balance sheets or other arrangements. He said that every day, a large number of new institutional investors are showing interest in this asset class; for external markets, investors may still be waiting for a major event or clear catalyst, but from within the industry, Bitcoin adoption is steadily growing.