Corporations Just Surpassed ETFs in Bitcoin Buying—Here’s What It Means with Matthew Sigel

In this episode, Nik welcomes Matthew Sigel, Head of Digital Assets Research at VanEck, to unpack Bitcoin’s shifting ownership landscape. Corporations have now surpassed ETFs as the largest buyers of Bitcoin, adding over 350,000 BTC in the past year, including 21 new treasury firms in just the last month. Matthew explains how this new wave of adoption is transforming capital markets and creating both upside and risk for shareholders. They dive into BitBonds, a proposal to fund a U.S. Strategic Bitcoin Reserve through Treasury issuance, and explore how sovereign Bitcoin mining—from El Salvador to Pakistan—is becoming a powerful tool for resisting IMF influence. The buyers have changed, and so has the role Bitcoin plays. 📚 Bitcoin Age is here, order yours today: https://a.co/d/5gau08H 📊 The Bitcoin Layer is a bitcoin and global macroeconomic research firm. ▶️ Subscribe and turn on notifications for TBL on YouTube.📚 Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe🎧 Subscribe to The Bitcoin Layer on your favorite podcast platform.📱 Follow TBL on X: https://twitter.com/TheBitcoinLayer📩 Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial🧢 Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch ⛓️ ₿lock Height 901551 ⚡ Contribute to The Bitcoin Layer via Lightning Network: [email protected] Nik Bhatia's Twitter: https://twitter.com/timevalueofbtcCreative Director Matthew Ball's Twitter: https://twitter.com/matthewrballResearcher Demian Schatt's Twitter: https://x.com/demianschatt The Bitcoin Layer and its guests do not provide investment advice.