Bitcoin infrastructure thesis gaining traction at institutional level.

Key positioning shift: BTC moving beyond passive store-of-value narrative into active infrastructure layer for global finance rebuild.

Blockstream CEO presenting case that settlement rails, custody solutions, and programmable layers (Lightning, sidechains) are becoming critical financial plumbing. Not speculation—actual capital infrastructure being deployed.

Investor perspective from Dan Held signals capital allocation interest in Bitcoin-native financial services beyond spot ETF exposure.

Watch for: increased institutional adoption of Bitcoin rails, Lightning Network capacity growth, and traditional finance migration to BTC settlement layers. This narrative supports long-term structural demand thesis separate from retail speculation cycles.