Recent developments in the US indicate a potential shift in the cryptocurrency landscape. According to reports, the FDIC has initiated rulemaking under the GENIUS Act, setting the stage for bank-issued stablecoins, which could reshape dollar-based rails on public chains by 2026. Simultaneously, traditional finance is showing increased openness to crypto. Vanguard has reversed its crypto ban, granting its 50 million clients access to spot Bitcoin ETFs. Bank of America advisors can now recommend crypto allocations to clients. These distribution changes, coupled with regulatory infrastructure developments, suggest a potential expansion of wealth channels into crypto. The first quarter of the coming year may see favorable conditions for Bitcoin due to these factors.

Recent developments in the US indicate a potential shift in the cryptocurrency landscape. According to reports, the FDIC has initiated rulemaking under the GENIUS Act, setting the stage for bank-issued stablecoins, which could reshape dollar-based rails on public chains by 2026. Simultaneously, traditional finance is showing increased openness to crypto. Vanguard has reversed its crypto ban, granting its 50 million clients access to spot Bitcoin ETFs. Bank of America advisors can now recommend crypto allocations to clients. These distribution changes, coupled with regulatory infrastructure developments, suggest a potential expansion of wealth channels into crypto. The first quarter of the coming year may see favorable conditions for Bitcoin due to these factors.