The Wolf of Wall Street has started to eat Bitcoin. The world is quietly changing.

Do you remember the days when Bitcoin was called a "scam" and "bubble" a few years ago? Things have changed, and now the world's top financial institutions are using real money to "stamp and certify" crypto assets.

BlackRock--the asset management giant that manages $11.5 trillion and whose global market will catch a cold if it sneezes, recently announced that it will become the "world's largest crypto asset steward" in 2030! Its Bitcoinspot ETF is like a giant money-sucking pump, pouring money from Wall Street into it. Even CEO Larry Fink, who once questioned Bitcoin, has now become the "spokesperson of the currency circle."

01 Institutions enter the market, and the rules of the game are completely reshuffled

In the past, cryptocurrency speculation was the province of retail investors, but now the situation has suddenly changed:

• Bitcoin hits $110,000(data from May 2025), the driving force behind this are the tens of billions of funds of giants such as BlackRock and Fidelity;

• It has become a new trend for listed companies to hoard cryptocurrency：MicroStrategy puts Bitcoin as "digital gold" into its balance sheet, and the "French version of MicroStrategy" even has to raise 10 billion euros to buy coins;

• The door to compliance is open：The United States requires stablecoins to reserve 100% of US dollar assets, and Hong Kong has issued the "Stablecoin Ordinance", which has given institutional funds a reassurance.

When the capital tycoons in suits and leather shoes sit at the poker table, the casino turns into an exchange in seconds.

02 From currency speculation to stock speculation, where are the opportunities for ordinary people?

Is it too fast to buy coins directly? Capital has already opened up a second battlefield - crypto concept stocks. They do not touch the coins directly, but they are the “shovel sellers” in the blockchain world:

• Exchanges: Coinbase’s stock price fluctuates at a high level, reaching a high of $271 this year;

• Technology service providers: Hang Seng Electronics (leading A-share brokerage system) and Sifang Jingchuang (cross-border payment blockchain platform) have caught the express train of financial technology upgrades;

• Computing power infrastructure：Sugon's liquid-cooled servers and Inspur's AI computing power have become the "water, electricity and coal" of the digital world.

Hong Kong stocks staged a crazy scene: Circle (a stablecoin giant) soared 167% on its first day of listing! Huaxing Capital soared 14% in a single day due to its early investment in it. The waves of currency speculation are causing a tsunami in the stock market.

03 Global secret war, who can eat the biggest cake?

Regulation has become a new battlefield: the United States strictly regulates, the European Union sets up checkpoints, and Hong Kong rushes to the beach... Compliance licenses are golden tickets . If companies want to survive, they can either build a moat with a license or rely on technology to compete with hard power.

• Technical faction: Ethereum's efficiency has soared after the upgrade, and the number of smart contract calls has skyrocketed by 55%;

• Scenario faction: Blockchain is beginning to take over the real world - real estate title confirmation, carbon trading tracking, cross-border payment settlement... McKinsey predicts that the RWA (real asset tokenization) market will exceed US$100 billion.

Even the parent company of Hong Kong food platform "Daily Cook" announced: Holding 5,000 bitcoins in three years, treating digital assets as strategic reserves. The bitcoins in corporate ledgers are rewriting the textbooks of corporate finance.

04 Three survival rules that ordinary people should understand

1. Don't go against the policy  China strictly prohibits cryptocurrency speculation, but supports blockchain technology. The opportunities of A-shares are in the "technical faction" - Feitian Chengxin, which makes encrypted wallet chips, and leading companies engaged in digital certification, which are safer than pure cryptocurrency speculation companies.

1. Use institutional thinking to select targets  Why does MicroStrategy dare to go all in on Bitcoin? The essence is tofight against excessive currency issuance. Pay attention to two types of companies: those with hard technology (such as AI computing service providers), or those that are deeply bound to the compliance ecosystem (such as companies participating in cross-border payments of central bank digital currency).

1. Beware of "pseudo-concept stocks"  The blockchain revenue of a certain company accounts for less than 5%, but the stock price has risen to the limit due to the "cryptocurrency circle surge"? The higher the hype, the worse the fall. The real winner is always the iron triangle of "compliance + technology + real scenarios". Conclusion: A quiet reconstruction of value When BlackRock and others start to gnaw on Bitcoin, when BTC reserves appear in the books of listed companies, and when Hong Kong supermarkets can buy vegetables with digital Hong Kong dollars - encrypted assets are no longer "casino chips", but have become the infrastructure of the digital economy. In the next ten years, blockchain will penetrate into life like the Internet. Instead of worrying about whether to trade in cryptocurrencies, it is better to see the general trend:

   Compliance is the bottom line, technology is the engine, and real scenarios are the ultimate king bomb.

   Those who quietly make shovels will eventually dig their own gold mines.

   ---

   Risk warning: This article is only for market observation and does not constitute any investment advice. Crypto concept stocks fluctuate violently, so investment should be cautious.