According to him:
“Regulatory clarity is finally emerging, the US government is keeping a BTC reserve, there’s a growing interest for crypto ETFs, among many other factors.
According to Armstrong, the most significant catalyst for Bitcoin’s next phase of growth is the ongoing effort to clarify crypto regulations.
Armstrong argued that these moves would reduce uncertainty for investors and push other G20 countries to adopt similar strategies.
The Coinbase CEO also emphasized that governments are beginning to engage more directly with the crypto sector, though regulatory risks remain.
He believes that national reserves, institutional exposure, and stablecoin legislation will collectively drive greater confidence in Bitcoin as a global financial asset.
Armstrong’s forecast aligns with several market experts’ broader bullish narrative around Bitcoin.
According to him, the maturing regulatory frameworks, alongside the formation of sovereign reserve strategies and the expansion of institutional access via ETFs, are factors that reinforce Bitcoin’s potential.
He added:
“BTC at scale is less a speculative bet and more the monetization of digital scarcity as a global reserve asset.”
