Wall Street's attitude is interesting.

Remember earlier this year? The CEO of JPMorgan openly stated that Bitcoin is a scam. But then look at what their banking division is doing in the crypto space—advancing from blockchain payment systems to digital asset custody services, one after another.

The gap couldn't be bigger.

In fact, this reflects the true mindset of Wall Street as a whole. The cautious public statements are necessary—after all, they have to consider regulators, investors, and public opinion—but real capital never lies. When the biggest skeptics start quietly positioning themselves and investing real money, what does that mean? It means the crypto market is no longer something they can ignore. Clients are here, the market is here, and opportunities are here.

Looking at history, whenever traditional major players start to change their tune—not through public statements but through actual projects—it’s often a turning point where an industry moves from the fringe to the mainstream.

So don’t be fooled by those comments. What truly matters is what these institutions are doing—their product iterations, investment directions, and talent acquisitions. Only then can you understand the real trend of this market.