River Report Highlights US Dominance in Bitcoin Market

The United States may emerge as the primary beneficiary of the growth of digital gold, thanks to regulatory advantages, a developed mining infrastructure, and state-level support, according to a report by River.

Researchers noted that the country already controls 79.2% of the global volume of assets in spot bitcoin ETFs. More than 40% of Americans under 40 have invested in or used the first cryptocurrency.

Among small business owners, 29% show interest in bitcoin payments and risk hedging.

Experts particularly emphasized the role of the US in mining: American companies control more than 38% of the network’s hashrate.

The US also leads in venture investments, accounting for approximately 70% of global funding for bitcoin startups.

Regarding political support, 59% of senators and 66% of congressmen have a favorable view of the first cryptocurrency. Bitcoin laws have been enacted in 36 states.

In May, Arizona became the second US state after New Hampshire to pass a crypto reserve law.

In Florida, authorities halted consideration of two bills allowing state investments in bitcoin.

In states such as Oklahoma, Montana, Pennsylvania, North and South Dakota, and Wyoming, attempts to create a strategic bitcoin reserve also failed.