#数字资产市场动态 BlackRock's recent Bitcoin purchasing strategy is worth paying attention to. This is not an aggressive autonomous investment, but rather large-scale positioning of digital assets on behalf of institutional clients—pension funds, asset management firms, and others.

Data speaks: they increased holdings by 6,647 BTC in a single day, bringing the total holdings to 781,000 BTC, which is nearly 4% of Bitcoin's circulating supply. What does this proportion mean? The actual tradable Bitcoin in the market is decreasing, and liquidity is gradually being locked up.

It's not just Bitcoin being absorbed. The story of Ethereum is even more interesting—tens of thousands of ETH are being continuously accumulated or staked, and the actual supply on exchanges is tightening. Here’s an interesting cycle: ETF accumulation + staking lock-up, reducing supply, decreasing selling pressure, and shifting the market logic from "short-term price speculation" to "long-term value accumulation."

Looking at short-term K-line charts, there hasn't been a surge, but the continuous inflow of funds is another signal. IBIT and ETHA respectively absorbed $648 million and $81.6 million. This steady institutional capital input is quietly changing the underlying structure of the market.

By 2026, the core issue in the crypto market may no longer be "Will institutional investors enter," but rather "Is there enough liquidity?" This shift itself explains everything.