Tiger Research highlights BTCFi as an inevitable trend, fueled by increasing institutional interest in utilizing dormant Bitcoin holdings for DeFi revenue generation. Their report, "BTCFi: Why the Combination of Bitcoin and DeFi is an Inevitable Trend," emphasizes that the $1 trillion in currently unused Bitcoin presents a significant opportunity. Institutions are actively seeking ways to convert these assets into yield-generating instruments through DeFi lending, collateral, and staking. Protocols like BounceBit, Babylon, and Lombard are expanding to meet this demand. Technological advancements such as Taproot, BitVM, and BRC-20 are also providing the necessary infrastructure. The report further details how Bitcoin is integrated into DeFi via bridging and tokenization, leading to more complex and efficient revenue generation mechanisms. This growing sophistication, coupled with the strong institutional appetite, positions BTCFi for accelerated growth. ```