Did the rate cut become a "poisonous milk"? Behind the BTC fluctuations, BlackRock has secretly targeted ETH's next ace!

What happened to the promised rate cut carnival night, and how did it turn into a "night of panic" for bulls? Early this morning, the Federal Reserve cut rates by 25 basis points, and as a result, BTC and ETH not only did not surge but instead plummeted, leaving the market confused!

The reason is simple: expectations were fully priced in, and reality was "stingy"! The market had already anticipated the benefits of the rate cut, and when the news landed, Powell's statement that "there may only be one cut next year" directly led to a collective retreat of funds that had fantasized about continued liquidity—this is not called liquidity, this is called a "tightening faucet forecast"!

But don’t worry, the real signal is not at the Federal Reserve, but at the table of traditional financial giants! BlackRock suddenly submitted an application for a staking Ethereum ETF, which is the hidden big move!

What does it mean?

✅ Ethereum officially upgraded to a "yield-generating asset"—institutions don't need to understand private keys, nor fear custody risks; they can earn staking rewards just like buying mutual funds, completely opening the door for traditional funds to enter!

✅ Locking circulating supply + institutional rush to buy, under dual pressure, ETH's bottom is becoming increasingly stable; fluctuations? That’s just the storyline for retail investors.

✅ What's more ruthless is the trend: BlackRock's move is equivalent to stuffing ETH into traditional asset management allocations; in the future, pension funds and insurance capital may quietly bottom out— they don’t look at K-lines, they look at long-term return reports!

So, don’t be fooled by short-term fluctuations.

The rate cut is "expectations landing", but BlackRock's actions are the "narrative reconstruction". While the market is still tangled with the Federal Reserve, the giants are already laying out the next engine: staking yield + compliant channels, which may be the strongest backing for ETH and even the entire crypto market going forward!

Is this the end of the bull market? Perhaps it’s just the starting point for institutional bulls.

What do you think? Let’s chat in the comments; will BlackRock's operation allow ETH to soar independently from BTC before the end of the year? 👇

#BlackRock #ETH #StakingMining #FederalReserveRateCut #加密新叙事 $ETH $BTC