It's time to talk about BTC landing as a safe haven, brothers At least one step towards buying high-quality assets. 1. BTC's "regularized militarization" has further advanced This is the first time that American banks have officially accepted BTC ETFs as collateral for loans, which is equivalent to including Bitcoin in the "qualified asset" list in financial practice. 2. Bitcoin ETF becomes a bridge Compared to directly holding BTC, ETF forms are more widely accepted by traditional financial institutions for reasons including: a. Easy to value and regulate; b. Good liquidity; c. Credit endorsement from asset management institutions such as BlackRock. 3. A wider range of institutional funds can enter the market a. Financial institutions, trusts, and funds that were previously unable to accept "encrypted assets" due to risk control policies can now access Bitcoin through ETFs; b. Using ETFs as collateral means that BTC is indirectly incorporated into the credit system, which may release new liquidity. ———————————————— Let's see if Dongda is following or not JPMorgan has made a move, let's see if Citigroup and Goldman Sachs can keep up (I think they will definitely follow) IBIT may lead to significant growth in collateral usage What is the meaning of a certain type of asset being able to serve as important collateral? On the other hand, in some areas of mainland China, properties can no longer be used as collateral for mortgage loans. This means that BTC may have truly taken the step towards becoming a high-quality asset. Brothers, I want all in BTC now