Investors are increasingly turning to Bitcoin as an alternative to traditional sovereign bonds, such as US Treasurys and German Bunds, driven by economic factors like inflation and bond yields. The US SEC's approval of Bitcoin spot ETFs has bolstered Bitcoin's presence in portfolios, with 12 ETFs managing $132.5 billion as of June 2025. Prominent investors, including Larry Fink and Stanley Druckenmiller, endorse Bitcoin as a hedge against inflation and government mismanagement. Bitcoin's scarcity and decentralized nature make it a compelling choice compared to bonds, which lack perceived scarcity. As of June 2025, Bitcoin has outperformed major indices, achieving 375.5% gains over three years. The asset's accessibility and advancements in crypto wallets are facilitating the transition from bonds to Bitcoin, reflecting a significant shift in investment strategies.