If you're still unsettled by short-term candlestick charts, you might have missed the most significant development in the crypto space: a 'silent acquisition' of Bitcoin led by the world's top capital is underway. This is not retail FOMO, but a profound restructuring of asset territory.
A game of 'open cards' for grabbing the stake
Recently, Brazil's largest asset management company Itaú suddenly advised all clients to allocate 3% of their portfolios to Bitcoin as a tool for hedging risks and diversification. Coincidentally, Bank of America recommended a maximum of 4%, and asset management giant BlackRock suggested 2%. Why have these traditional finance 'conservatives' suddenly aligned in their stance? The answer is simple: they have recognized a trend that we all should see clearly.
Global capital's 'three-layer bet,' Bitcoin supply is in urgent demand
This wave is not an isolated case; it has formed a global 'three-layer bet' network:
· National level: The US government holds a large amount of Bitcoin, and the sovereign fund of the UAE openly regards it as a 'store of value similar to gold.'
· At the giant level: Institutions like BlackRock and Fidelity have spot ETFs, acting like a giant Bitcoin 'vacuum cleaner,' managing over 1.3 million Bitcoins. Data shows that professional investment advisors have become the most consistent buying force for ETFs.
· At the wealthy level: More than one-third of the affluent population in South Korea has invested in cryptocurrency; they are joining the rush through traditional asset management channels along with high-net-worth individuals globally.
The result is that publicly traded companies, governments, ETFs, and other giants have collectively controlled nearly 6 million Bitcoins, accounting for nearly 30% of the circulating supply. On the other hand, long-term holders are hardly moving their 68% share of the supply. The circulating market is being 'locked up' at an unprecedented speed.
The narrative of the new cycle has changed; are you still in the old script?
So, stop just asking 'who is the dealer.' The 'dealer' has transformed into the endowment funds of Harvard and Yale, into Morgan Stanley, Wells Fargo, and into the largest bank in your country.
They are telling us two things through action:
1. The asset properties of Bitcoin have been certified: it is digital gold, an uncorrelated asset in the investment portfolio, and an insurance against fiat currency risk.
2. The supply-demand balance is extremely tilted: the demand allocated by global capital as a percentage is unlimited, while the circulating supply of Bitcoin is fixed and increasingly scarce.
When the ladies at the corner café are discussing the market trends, the real smart money is acting in the simplest way: buying and holding. The script of history has turned the page, and this time, the protagonist is the balance sheet. Will you choose to watch from the sidelines or board the ship? 🔥Musk's puppy, P up pi es! $BNB
