It is believed by River that the establishment of U.S. dominance in the crypto space will be supported through regulated Bitcoin products, leadership in mining infrastructure, and favorable policies implemented at the state level.
According to a report published by River on May 20, efforts made by the United States to position itself as a global center for Bitcoin (BTC) and the broader digital asset ecosystem could be used as a foundation for initiating a new phase of economic growth within the country.
It was asserted in the “America Report 2025” that a unique advantage is held by the United States in capitalizing on Bitcoin’s growing institutional adoption across the financial, energy, and technology sectors.
Survey data was cited in the report indicating that more than 40% of American adults under the age of 40 have either used or invested in Bitcoin, underscoring the asset’s relevance across younger generations.
An interest in accepting or holding Bitcoin for the purpose of treasury diversification was expressed by 29% of small business owners surveyed.
Evolving Institutional Adoption
It was outlined by River that the most advanced Bitcoin financial infrastructure globally has been developed by U.S. firms, evidenced by the launch of multiple spot Bitcoin exchange-traded funds (ETFs) by leading asset managers, the broad adoption of institutional-grade custodial services, and the increasing incorporation of Bitcoin into corporate treasury strategies.
Bitcoin’s ongoing integration into the traditional financial system was evidenced by the growing involvement of pension funds, registered investment advisers (RIAs), and Fortune 500 companies, as highlighted in the report.
As of early 2025, it has been estimated by River that more than 75% of global spot Bitcoin ETF assets under management are held by U.S.-based firms. Over 900,000 BTC are reportedly being custodied on behalf of institutions by Coinbase Custody, which manages assets for multiple ETFs.
In addition to institutional capital flows, a sociocultural aspect of the Bitcoin transition was emphasized by River. The report noted a movement of private wealth toward U.S. jurisdictions that are more supportive of Bitcoin, such as Florida and Tennessee. These states have been identified as attractive to high-net-worth individuals due to their tax advantages and pro-crypto regulatory environments.
Additionally, the expansion of domestic capacity is being driven by several publicly traded Bitcoin mining companies based in the U.S. According to the report, more than 38% of the total hashrate of the Bitcoin network is attributed to the United States—a figure nearly twice that of the second-largest contributing nation.
A structural advantage in Bitcoin’s governance and security framework is provided to the United States by this concentration of computational power. Additionally, it enables the emergence of novel forms of demand-side grid flexibility, as mining operations function as adaptive power consumers capable of contributing to the stabilization of local electricity grids.
Shaping Policy and Society Through Strategic Bitcoin Adoption
It was emphasized in the report that Bitcoin’s positioning as a strategic reserve asset, comparable to gold, may be adopted as a core element of future U.S. economic policy.
It was also noted in the report that legislation supporting Bitcoin custody, mining, and user protections is being passed by various U.S. states. These legal measures are helping to establish “Bitcoin corridors,” where capital and technical expertise are being actively drawn.
Bitcoin is viewed as particularly appealing by younger generations and small business owners who are concerned about inflation risk and the debasement of the dollar. It is regarded as a tool for achieving financial sovereignty.
This demographic trend was described by River as a “bottom-up complement” to the institutional adoption being driven from the top down.
It was noted in the report that the integration of Bitcoin across institutional, industrial, and individual layers is forming a strategic foundation for domestic capital formation.
