Senator Cynthia Lummis is working on a bill to establish a US Bitcoin reserve and has scheduled a gathering on March 11 to discuss the initiative with industry leaders. Bitwise CEO, Hunter Horsley, confirmed that the concept is "definitely in play" and noted the growing adoption of Bitcoin across nations. Bitcoin's recent price volatility is a well-known characteristic, and Horsley believes that the first quarter is historically a good time for investors to enter the market. He also predicts increased engagement from traditional investors in Bitwise's Bitcoin ETF and the broader asset class. Horsley sees regulation as the most prominent story in the Bitcoin market currently and notes a positive shift in the regulatory environment for digital assets.



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