Bitcoin surpassing $100,000 may seem like the culmination of a long-awaited milestone, but industry experts suggest it's merely the start of a larger wave of institutional adoption that could reshape global capital markets.
Jan3 CEO Samson Mow said Bitcoin ETFs are important in enabling institutional capital to flow seamlessly into cryptocurrencies. “Previous Bitcoin bull runs were usually quiet because exchanges had to get involved, which took months,” Mow said at the Consensus 2025 conference in Hong Kong. “But with ETFs, there is now no barrier for TradFi capital to flow directly into Bitcoin.”
Despite Bitcoin’s record-breaking rally, Mow noted that large institutional investors like sovereign wealth funds have yet to make significant commitments. “The flood of capital hasn’t flowed yet,” he said, noting that these institutions are currently “dipping their toes” into the crypto market and have only invested a fraction of their available capital.
Mow’s comments came in response to Blockstream CEO Adam Back, who noted the unprecedented market dynamics surrounding Bitcoin. “ETF inflows are a multiple of the Bitcoin mined each day. MicroStrategy and other companies are buying twice the daily Bitcoin mining,” he said.
These developments set the stage for a long bullish period for Bitcoin, according to Mow. “As institutions increasingly adopt Bitcoin, we’re looking at maybe 10, 20 years of a big wave of bullish momentum,” he predicted.
*This is not investment advice.
