Bitwise CEO Hunter Horsley noted a trend of more crypto holders revealing themselves, making non-owners feel like the minority. This follows LinkedIn founder Reid Hoffman’s purchase of a CryptoPunk. Hoffman surprised followers by revealing his 13-year investment in digital assets and joining the crypto community.

Horsley mentioned a shift in the crypto landscape, with more notable people coming forward about their holdings. This change reflects a global acceptance of crypto, making it less taboo. Institutional investors, led by Michael Saylor’s Strategy, are increasing their crypto allocations, as shown in Sygnum Bank’s survey.

Despite the growing interest in crypto, JPMorgan analysts predict that 71% of investors will avoid it entirely by 2025. Market volatility and regulatory uncertainties contribute to this skepticism. However, improvements in the market have been noted since Donald Trump became president.

The market has seen a shift towards greater transparency and acceptance, with more high-profile individuals and institutions openly embracing cryptocurrencies. This trend signals a changing perception of digital assets and a potential shift in the investment landscape.

Read more at Yahoo Finance: Bitwise CEO Reacts as LinkedIn Founder Buys a CryptoPunk