Bernstein Sees Institutional Surge as Crypto Momentum Builds

Bernstein analysts report a growing belief among U.S. investors that crypto is making a return, with institutional interest rising despite ongoing regulatory uncertainty.

Political shifts under the Trump administration have fueled curiosity, though many are still waiting for clearer rules before making major moves.

Investors across traditional finance, fintech, and blockchain are increasingly focused on crypto-related stocks, Bitcoin trends, and stablecoins. MicroStrategy’s Bitcoin strategy has particularly drawn attention, influencing corporate approaches to digital assets.

Bernstein pointed to potential U.S. digital asset reserves and SEC policy changes on banks holding crypto as key developments that could expand institutional participation. If enacted, corporate Bitcoin acquisitions could double by 2025.

Stablecoins are gaining traction in cross-border payments, with legislation expected to boost adoption. Meanwhile, MicroStrategy’s debt-backed Bitcoin strategy is shaping corporate investment trends, with projections that corporate Bitcoin purchases could hit $50 billion annually.

Bernstein sees Robinhood, Riot Platforms, and Core Scientific as key beneficiaries of this renewed institutional and regulatory momentum.