They are not speculating on coins, but are exchanging the future 'monetary rights'.

BlackRock already holds over 665,000 bitcoins, getting closer to the goal of 1 million.

Note, this is a 'gradual purchase' in ETF form, not a one-time deal, which means:

What they value is not short-term fluctuations, but an entire era of 'asset anchors'.

When the world's largest asset management institution starts to buy, hold, and position with real money,

can we still think of crypto as just a speculative game?

Don't be confused by the fluctuations. The real trend is often scripted in the 'quiet accumulation' beforehand. #美国国债 #FUN #SOL #FIL #SUI $BTC $XRP $SOL