BlackRock has recently made another big move—buying 6,647 Bitcoins in a single day. It sounds pretty crazy, but there's more to it than you might think.

This money isn't just BlackRock betting on itself; it's helping a bunch of institutional clients queue up to enter the market. Pension funds, asset management companies—all lining up to get on board. This single day's activity pushed the total holdings to 781,000 BTC, which, from another perspective, accounts for about 4% of the circulating supply being locked up by institutions. The amount of Bitcoin available for free trading on the market is gradually decreasing.

What's happening on the Bitcoin side is also affecting Ethereum. Tens of thousands of ETH are being accumulated or staked continuously, resulting in a tightening supply on exchanges. On one side, ETFs are continuously accumulating, and on the other, large funds are staking and locking in their assets. When these two forces meet, selling pressure naturally eases.

From a capital perspective, the funds IBIT and ETHA have recently received inflows of $648 million and $81.6 million, respectively. In the short term, prices haven't skyrocketed, but this indicates that capital is flowing in steadily and smoothly. Looking ahead to 2026, the main contradiction in the crypto market will no longer be "Will institutions come?" but rather "Is there enough liquidity to go around?" This shift means something—those who have played in this space for years probably understand it well.