12.8 billion vs 812 million! Wall Street giants support the market with one hand and reap profits with the other, sleepless night in the crypto world
1. Whales enter the market, reshaping the landscape
$12.8 billion comes entirely from Wall Street, with 75% of Bitcoin ETF buyers being traditional investors entering for the first time. Significance: The crypto world connects to the 'financial artery', institutional funds provide long-term support to the market, enhancing resilience.
2. Ethereum's crushing victory
Ethereum ETF raised 5.43 billion in a single month, with a price increase of 54%. Institutions bet on the potential of the ETH ecosystem, with the SEC approving 'physical purchases' to reduce operating costs, directly benefiting ecosystem projects like Arbitrum and Uniswap.
3. The U.S. policy makes a 180-degree turn
Two major bills enacted:
The 'GENIUS Act': Clarifies the securities nature of tokens, reducing compliance costs
The 'CLARITY Act': DeFi may be exempt from traditional regulation
The SEC launches a token classification plan (to be completed by 2026). The U.S. shifts from suppression to competing for crypto dominance.
4. Short-term correction risks
In early August, Bitcoin ETF saw an outflow of 812 million in a single day, and Ethereum ETF fund inflow was interrupted.
Causes:
Institutions taking profits
Lack of clarity on stablecoin regulations
High interest rates from the Federal Reserve suppressing risk assets
Dragon's strategy:
Focus on the big: Institutions only recognize Bitcoin/Ethereum, smaller coins need to wait for capital overflow
Policy window: The period before the November U.S. elections is a regulatory honeymoon, avoiding high leverage
All in on the ETH ecosystem: Focus on staking protocols, DEX, and other infrastructure
Dragon reminds: The influx of traditional capital brings a bottom support effect, but also means that the crypto world is officially included in Wall Street's rules of the game.
Opportunities and risks coexist in the crypto world, staying vigilant and seizing the right moment is key. Dragon has also discovered a project with huge short-term upside potential! If you want to follow, click the profile and pay attention to Dragon, sharing for free! 关注神龙趋势
