Bitcoin skyrocketed several thousand dollars in just a few hours, and this time it's not retail investors driving the hype. There are indeed large funds crazily buying up.

The traditional financial giants on Wall Street are now starting to take cryptocurrency seriously, one after another.

Recently, Bank of America has approved its wealth advisors to allocate up to 4% of clients' assets to cryptocurrency. Sounds like a small proportion? But you have to consider the size of the funds managed by Bank of America; once this faucet is turned on, the inflow will not be a small amount.

Vanguard is even bolder, directly lifting the trading restrictions on Bitcoin ETFs. It’s important to note that this asset management giant has over 50 million clients, who were previously unable to buy. Now that the channel is open, the news led to a 6% jump in Bitcoin on the same day.

Even more magical is that Argentina's state-owned oil company YPF announced it will accept Bitcoin as payment. A national energy enterprise starting to settle fuel and services with Bitcoin indicates that cryptocurrency is taking root in the real world, no longer just a digital game in exchanges.

Speaking of Ethereum, its story is even more interesting. Currently, over 60% of circulating ETH is locked in Beacon Chain staking, and the actual amount available for trading in the market is pitifully low. Institutions like BlackRock hold millions of Ethereum through ETFs, and this long-term capital will not be sold off due to short-term fluctuations, effectively providing a floor for the price.

Analyst Tom Lee predicts that Ethereum could reach between $7000 and $9000 in the future. It sounds exaggerated, but looking at the current capital layout, it's not impossible.

The market will definitely fluctuate in the short term. However, when American banks start recommending allocations and national oil companies begin accepting payments, the trend becomes very clear. Capital giants are making statements with real money, and cryptocurrency is no longer a fringe asset.

The question now is not whether this thing is reliable, but whether you want to get on board.