Bitcoin Benefiting Alongside Gold in Debasement Trade

Group 1 - The current "debasement trade" is driving investment opportunities in both gold and Bitcoin as investors seek refuge from a declining dollar [1][2] - Bitcoin and gold are experiencing new highs, with short-term risks like the government shutdown providing additional support for their safe haven narratives [2][3] - The ongoing US government shutdown has led to a rotation of investments from U.S. treasuries to assets perceived as resilient to political dysfunction and inflation, benefiting Bitcoin [3] Group 2 - Traditional finance is increasingly adopting Bitcoin, although some investors remain cautious due to the unique risks associated with cryptocurrency [4] - ETFs like the Invesco Galaxy Bitcoin ETF (BTCO) offer a convenient and cost-effective way for investors to gain exposure to Bitcoin's price growth [4] - The rise of stablecoin adoption, facilitated by easing regulatory measures, is also benefiting cryptocurrencies like Ethereum, which serves as the backbone for stablecoins [5][6] Group 3 - The next wave of crypto adoption is expected to come from stablecoin adoption, which could positively impact the overall crypto market [6] - The Invesco Galaxy Ethereum ETF (QETH) provides a similar investment pathway for Ethereum as BTCO does for Bitcoin, allowing exposure to Ethereum's growth prospects [6] - Both BTCO and QETH have an expense ratio of 25 basis points, or $25 per every $10,000 invested [7]