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Despite October’s lackluster price action, institutions are still paving new roads for Bitcoin adoption and utilization.

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1. JPMorgan to Accept Bitcoin as Collateral

No longer a pet rock, JPMorgan Chase announced it will allow institutional clients to pledge Bitcoin and Ether as collateral for loans, with the program launching by year-end using a third-party custodian for safeguarding.

2. Citigroup and Coinbase Partner to Streamline Institutional Bitcoin Payments

The partnership’s initial focus is on integrating Coinbase’s crypto on/off-ramps with Citi’s global payments network, simplifying fiat-to-crypto conversions and 24/7 cross-border crypto payments.

3. Luxembourg Sovereign Wealth Fund Invests 1% of Portfolio in Bitcoin

Luxembourg’s government-run Intergenerational Sovereign Wealth Fund (FSIL) has allocated 1% of its assets to Bitcoin, the country’s finance minister Gilles Roth announced in the 2026 budget presentation.

4. Germany's AfD Party Proposes National Bitcoin Reserve

Germany's Alternative for Germany (AfD) conservative party submitted a motion to the Bundestag proposing the establishment of a sovereign Bitcoin reserve, arguing it could serve as a hedge against fiat currency devaluation and enhance national financial sovereignty. This comes after Germany sold all 50,000 Bitcoin in July of 2024 for $1.3B at a BTC/USD price of ~$57,900.

5. South Korean Firm Bitplanet Launches Bitcoin Treasury Strategy

Bitplanet, a publicly listed South Korean company, announced the purchase of 93 BTC as the initial step in a plan to accumulate up to 10,000 BTC for its corporate treasury, marking the first such regulated move by a public firm in Korea.

6. Japan’s FSA May Permit Banks to Buy, Hold Bitcoin and Operate Exchange Services

The Japanese financial regulator Financial Services Agency (FSA) is considering to allow banks to purchase and hold digital currencies such as Bitcoin for investment. The move follows FSA’s plans to finalize crypto trading rules by 2025 and combat crypto insider trading.

7. The EU Governing Council is trying to accelerate it’s timeframe to get to a CBDC

The EU is cooked. Short the EU.

8. FED cuts another 25 bps, but hints at rate cut pauses

Bitcoin prices declined after Federal Reserve Chair Jerome Powell indicated that the recent 25-basis-point interest rate cut might be the last for 2025, amid signs of a resilient economy.

9. Fast food restaurant Steak n’ Shake launches Strategic Bitcoin Reserve

Steak n’ Shake launched Bitcoin payments at their POS system just a few months back in May of 2025, and has now made the decision to keep all Bitcoin payments in a Strategic Bitcoin Reserve, signaling continued mainstream consumer adoption of Bitcoin.

10. October 2025 is the worst October in Bitcoin history

Historically, October is known as “Uptober” as it has typically been a strong performing month; however this October, with the October 11th black swan event, it was the worst October yet in terms of price action since 2014.

Those are the big highlights for October.

If you’re curious to learn more about Bitcoin, how it can be used in your life and business, or simply want to chat, don’t hesitate to reach out.

Thanks for reading!

Lucas Bazemore