$BTC Breaking News: Wall Street officially incorporates Bitcoin: $20 trillion in capital completes a silent takeover.
In just 10 days, four financial giants managing over $20 trillion in assets moved simultaneously, as if they had agreed on it:
$BNB 1. Vanguard: This $11 trillion asset management giant, which once criticized cryptocurrency as a "speculative product," suddenly opened the doors for its 50 million customers to trade cryptocurrency ETFs. While claiming this is a "defensive posture," their actions tell a different story.
2. JPMorgan: Submitted leveraged structured notes linked to Bitcoin ETFs. This allows investors to bet on the future price of Bitcoin, with potential returns being "unlimited," but the risk is the possibility of losing the entire principal.
3. Goldman Sachs: Invested $2 billion to acquire ETF issuer Innovator Capital. This effectively gives direct control over a key distribution channel to mainstream investors.
4. Bank of America: Officially allows its 15,000 wealth advisors to actively recommend clients allocate up to 4% of their portfolios to Bitcoin starting next January.
This is not a coincidence; it is a textbook case of "strong and weak hand exchange." When retail investors panic and withdraw $3.47 billion from Bitcoin ETFs in November (a record monthly outflow), Wall Street giants quietly built the infrastructure to absorb all of this.
The chips thrown away by the weak hands are being fully picked up by the strong hands.
A deeper game: takeover and domestication. Their goal is not just to buy coins:
Eliminating volatility: Nasdaq expands Bitcoin ETF options products by 40 times, aiming to suppress Bitcoin's volatility with massive financial derivatives, making it "suitable" for traditional investment portfolios.
Reshaping rules: The upcoming MSCI index rule changes may force $11.6 billion in funds to execute mechanical sell-offs. This "stress test" also clears the market, paving the way for institutional entry.
Bitcoin has not lost; it has simply been officially "incorporated" by Wall Street. Satoshi Nakamoto's "rebellious fire" is being forged into Wall Street's "compliance brick." The future of Bitcoin will increasingly resemble a new type of asset priced and traded according to traditional financial rules.
