According to @KookCapitalLLC, a constructive outlook for Bitcoin (BTC) in the second half of 2025 is supported by several key factors. A Coinbase Research report highlights an improved macroeconomic backdrop, with the Atlanta Fed’s GDPNow tracker pointing to 3.8% QoQ growth, alongside expectations of Federal Reserve rate cuts. Further bullish signals include increasing corporate adoption of digital assets, facilitated by a 2024 mark-to-market accounting rule change. On the regulatory front, progress on the GENIUS Act for stablecoins and the CLARITY Act, which aims to define SEC and CFTC roles, is expected to provide greater market clarity. The SEC is also reviewing over 80 crypto ETF applications, with some decisions anticipated as early as July. In contrast, Gerry O’Shea of Hashdex notes that most financial advisors currently remain hesitant to recommend crypto to clients, citing volatility as their primary concern. However, O'Shea predicts this caution will not last and sees major 2025 themes in Bitcoin and stablecoins, with the latter's growth benefiting smart contract platforms like Ethereum (ETH) and Solana (SOL).