The latest battle report shocks the crypto world! The Bitcoin spot ETF (IBIT) under global asset management giant BlackRock has surpassed $69.7 billion in holdings! Even more astonishing is that the amount of Bitcoin it holds accounts for 3.25% of the total Bitcoin supply!
What does this mean? The tycoon bluntly tells you:
A super endorsement with real money: What level is BlackRock at? Managing nearly $10 trillion in assets, it’s a financial giant! By betting nearly $70 billion in real money on Bitcoin, it’s like top Wall Street figures are shouting through a megaphone: Bitcoin, I’m in! This carries more weight than any analyst's recommendation!
Whales are entering the pool, raising the water level: 3.25% of Bitcoin is 'locked' in this ETF. The circulating Bitcoin in the market is effectively reduced, equating to a financial whale swimming into the Bitcoin pool, significantly raising the water level (value support). Continuous buying from large institutions is one of the strongest 'support' forces.
The compliance door has been completely opened: The successful entry of top traditional financial players like BlackRock signifies that Bitcoin has fully integrated into the mainstream financial system through the ETF compliance bridge. In the future, conservative big money like pensions and university funds will have secure and convenient entry channels, with huge potential for incremental funds!
What does this have to do with us ordinary investors?
A confidence booster: The giants' heavy bets are an epic endorsement of Bitcoin's long-term value. When the market is in panic, looking back at the positions of the big players is a reassurance.
Volatility may be more 'healthy': A massive amount of institutional funds are locked in ETFs; they tend to focus more on long-term trends, which helps to smooth out excessive short-term volatility in the market, making market development more stable.
The way to enter the market matters: the giants are not here for short-term trading! The actions of BlackRock further confirm that dollar-cost averaging and long-term holding are the tools to navigate through bull and bear markets. Stop dreaming about getting rich overnight; following the big trends is more stable.
The tycoon states: BlackRock's nearly $70 billion heavy position is not the end of the story, but the new starting point of the institutional wave sweeping the crypto space! The trust vote cast by Wall Street with real money is louder than any slogan. As ordinary players, we need to recognize the big trend, remain rational, and use spare cash for dollar-cost averaging to secure our share in the future crypto tide! We await more traditional giants to enter; the best is yet to come!
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