According to WallStreetBulls, the Swiss National Bank (SNB) has decided against including Bitcoin in its reserves as of March 2, 2025. President Martin Schlegel cited several reasons, focusing on Bitcoin's volatility and lack of stability as a reserve asset. This decision could impact Bitcoin's institutional adoption and influence trading strategies focused on sovereign wealth funds and central bank holdings.

According to Crypto Rover, Swiss National Bank President Martin Schlegel announced the rejection of Bitcoin as a currency, citing its excessive volatility and lack of stable currency characteristics, impacting its potential acceptance in institutional portfolios.