[Fidelity Outlook 2026: More Countries May Include Bitcoin in Reserves]
Chris Kuiper, Vice President of Research at Fidelity Digital Assets, stated in the '2026 Crypto Market Outlook' that, based on game theory principles, more countries may purchase Bitcoin and include it in their foreign exchange reserves in the future, potentially increasing pressure for other countries to follow suit. Corporate purchases of crypto assets may boost prices, but the risk of sell-offs during bear markets should be monitored. Kuiper believes the four-year cycle has not completely disappeared, and cycle predictions may only become clear by late 2026. He noted that the crypto market is entering a new paradigm, with the trend of traditional fund managers and investors entering the space likely to continue.