BlackRock, Grayscale: It's time to recharge faith

BlackRock holds approximately 780,000 BTC

Grayscale holds approximately 160,000 BTC

These are the two earliest institutions to invest in Bitcoin, holding all Bitcoin in spot and currently major players in the BTC market liquidity pool. From a peak of 126199 down to the current 68500, the BTC assets of both institutions have shrunk by 54.2 billion.

Both institutions' investment returns in Bitcoin come from the rise in BTC prices and the price difference in shares, undoubtedly making them the most eager for Bitcoin to rise. For such a magnitude of Bitcoin, it is simply not something retail investors can drive up; only the leading institutional players can recharge its faith.