Hotcoin Research | A Comprehensive Analysis of Bitcoin Institutional Holdings: How the Era of Institutionalization Reshapes Bitcoin Pricing Logic
This article will analyze the impact of macro variables such as interest rates, inflation, regulation, and the U.S. "strategic Bitcoin reserves" on the differentiation of crypto assets; it will outline the holding patterns and driving forces of six types of entities: ETFs, governments, listed and private companies, mining enterprises, and DeFi.