Hunter Horsley, CEO of Bitwise, said in a post on the X platform that in the past, "regulatory uncertainty" was the biggest obstacle for Bitcoin investors. In 2025, the situation is completely different. This is a huge change, but the impact on the market has not yet fully emerged. In addition, there are two problems with Bitcoin investment at present: first, most investors and asset allocators are very busy and have no time to pay attention to Bitcoin due to too many opportunities (including other assets that may rise 10 times); second, gold is indeed one of the least popular investments in the United States. Some family offices do not invest in gold, so they do not pay attention to Bitcoin, which is called "digital gold."