Crypto market adoption trends show untapped potential
Pantera Capital general partner Cosmo Jiang said it’s still early for investors to join the cryptocurrency market. Despite Bitcoin’s price hitting a record $126,000, most investors still hold no digital assets. Jiang noted that a Bank of America survey found more than 60% of investors have zero crypto exposure.
He explained that this data proves it’s not “too late in the game” to invest. Many people are only beginning to understand how digital assets fit into their portfolios, leaving significant room for growth.
Crypto ownership still has room to grow
The National Cryptocurrency Association’s 2025 State of Crypto report showed that only 21% of U.S. adults own any form of cryptocurrency. Globally, the United Arab Emirates leads with 25.3% of its population holding crypto, according to ApeX Protocol’s September report.
Stocktwits markets head Tom Bruni said Bitcoin’s rapid price gains might make some investors believe they’ve missed out. But growing education and institutional participation continue to expand awareness.
Bitcoin maturity sets stage for altcoins
Jiang said the crypto market is entering a new phase. He explained that Bitcoin’s legitimacy has now been established, paving the way for altcoins like Ethereum and Solana to rise. “These are large tech platforms growing fast,” he added, noting Solana’s potential to become a next-generation mega-cap company.
Recent U.S. legislation supports this shift. The GENIUS Act, signed by President Donald Trump in July, focuses on stablecoin regulation, while the CLARITY Act aims to shape the broader digital asset framework.
Digital assets continue gaining momentum
Although many investors remain cautious, Jiang pointed out that Bitcoin ETFs are seeing massive inflows. Demand from equity investors is turning previous market headwinds into tailwinds for crypto.
According to Jiang, inflows to Bitcoin ETFs have surpassed those of the Nasdaq since their launch. Data shows Bitcoin ETFs recorded $3.24 billion in net inflows last week, nearing their record from November 2024.
