Cameron Winklevoss, co-founder of Gemini, believes Bitcoin's next bull run will be unlike 2017. He explained his thinking in a tweet: \"The next Bitcoin bull run will be dramatically different. Today,
Cameron Winklevoss, co-founder of Gemini, believes Bitcoin's next bull run will be unlike 2017. He explained his thinking in a tweet: "The next Bitcoin bull run will be dramatically different. Today, there's exponentially more capital, human capital, infrastructure, and high-quality projects than in 2017. Not to mention the very real specter of inflation that all fiat regimes face going forward. Buckle up!"
The shift reflects crypto's evolution from a niche experiment to an emerging asset class. In 2017, Bitcoin was too young for most regulators to grasp. Many nations restricted or banned its use. Investors encountered legal barriers and had few ways to participate. The underlying technology remained unproven at scale.
By 2020, the picture had changed. The United States began putting rules in place. Dubai and European countries signaled support for blockchain development. Regulators gave mainstream investors the green light to deploy capital into crypto.
Platforms emerged to capture that demand. An actively managed Bitcoin ETP from FiCAS now trades on Switzerland's SIX exchange, giving retail investors simple exposure to Bitcoin. For institutional money, Grayscale's Bitcoin Trust stands as the go-to vehicle. The trust removes friction for large investors and manages more than $4 billion in assets.
This infrastructure shift carries weight. A 2017 investor navigated legal ambiguity and technical complexity. A 2020 investor channels money through standard banking systems into regulated crypto products. The barriers that once blocked participation have dissolved.
The amount of capital that might flow into crypto far exceeds what entered during the previous rally. Mainstream investors possess the capital and now hold both legal permission and the tools. Discussion of Bitcoin collapsing to zero has quieted. Buying pressure has picked up. Gold has gained on inflation concerns. Bitcoin competes for the same capital, and investors now have clear mechanisms to move money into crypto.
