[Chain News] According to news on June 14, Philippe Laffont, founder of hedge fund giant Coatue Management, stated at a cryptocurrency summit on a platform in New York that although investors may have hesitated due to Bitcoin's early fluctuations, the volatility of Bitcoin has dropped over time, which means the cost of investing in Bitcoin is decreasing, and the acceptance of Bitcoin by institutional investors is also a sign of the maturity of crypto assets.
In addition, the number of Bitcoin wallets that have held Crypto Assets for at least one month and have sold all their holdings has significantly decreased, indicating that investors are holding Crypto Assets for the long term rather than trading. Of course, at this stage, Bitcoin still occupies a very small proportion of global net assets (approximately $2 trillion out of $50 trillion). If Bitcoin is viewed as a value asset by more people, it must become a more core asset in their portfolios. For those who value Bitcoin,