Bitcoin recently hit a record high of over $124,000, driven by institutional buying and expectations of looser monetary policy in the US. Corporate adoption of bitcoin as a strategic reserve asset has also contributed to the rally, with companies following MicroStrategy’s lead. President Trump’s executive order to explore 401(k) crypto access could further boost retail participation in bitcoin.

The Federal Reserve’s potential interest rate cut and expectations of a new Fed chair favoring looser monetary policy have boosted bitcoin prices. Ethereum also saw gains, nearing its all-time high of $4,700. Regulatory clarity from the SEC’s “Project Crypto” initiative has strengthened investor sentiment, with Fundstrat forecasting ETH could reach $15,000 by year-end.

Companies are increasingly adding ether to their reserves to gain exposure to DeFi and stablecoins. Bitmine Immersion Technologies plans to sell $20 billion in stock to expand its ether holdings. Investors can consider Bitcoin-based ETFs like Grayscale Bitcoin Trust ETF, iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin Trust, ARK 21Shares Bitcoin ETF, and Bitwise Bitcoin ETF for their portfolios.

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Read more at Nasdaq: The Zacks Analyst Blog Highlights MicroStrategy, Grayscale Bitcoin Trust ETF, iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin Trust, ARK 21Shares Bitcoin ETF and Bitwise Bitcoin ETF