Brazil backs Bitcoin reserves as ETF inflows and Japanese corporate accumulation signal renewed institutional confidence.

• Brazil’s Bitcoin Reserve Bill passes first committee review, signaling deeper institutional recognition of BTC.
• Over $1 billion in ETF inflows and fresh Japanese interest point to a rising accumulation trend.

Bitcoin [BTC] has marked a key adoption development major as Brazil’s Strategic Bitcoin Reserve Bill passed its first committee review, as reported by a renowned crypto analyst through his latest tweet.

Introduced in November, the bill proposes the creation of a national Bitcoin reserve, allowing Brazil to allocate up to 5% of its foreign exchange reserves to Bitcoin.

 If approved, this could make Brazil one of the first major economies to take such a step. Policymakers are increasingly viewing Bitcoin as a store of value, rather than just a speculative asset. Brazil’s move echoes strategies seen in countries like El Salvador, but with a more institutional and structured approach.