The trend of institutional investors entering the crypto asset market is undeniably obvious

Recently, Web2 capital has been continuously flowing into the crypto market. For example, MicroStrategy raised over $28 billion through bond issuance to buy Bitcoin, increasing its total holdings to 628,791 BTC, with an average cost of $37,800.

On the ETH side, SharpLink has also been active, purchasing 77,210 ETH in late July, with a total value of nearly $2.9 billion. They now hold 438,190 ETH, clearly a major player in the market.

Other listed companies, such as Metaplanet and Canaan Technology, are also treating BTC and ETH as strategic reserves. Even Chase Bank has partnered with Coinbase to allow 80 million users to buy cryptocurrencies directly with credit cards. What does this indicate?

It indicates that traditional finance cannot resist this wave, and institutions are indeed accelerating their entry; the bull market is far from its peak.