TSL's $1.5 billion Bitcoin investment has unrealized gains of $800 million in 10 days, with institutional holdings reaching a new high.

At a historic moment in the Crypto Assets market, Tesla's decision to invest in Bitcoin has attracted widespread follow. In just 10 days, this $1.5 billion investment has already generated $800 million in floating profits, surpassing the total profits of the company's vehicle manufacturing business over the years. This move, along with support from other notable individuals and institutions, has pushed Bitcoin's market capitalization past the $1 trillion mark.

At the same time, MicroStrategy continues its aggressive Bitcoin investment strategy, raising $1.05 billion through convertible bonds to further increase its Bitcoin holdings. The company has accumulated over 70,000 Bitcoins since last year.

This investment craze not only reflects the market's recognition of Bitcoin as a "safe haven" during the global monetary easing era but also indicates that crypto assets are gradually gaining broader acceptance. Traditional financial institutions, especially the banking sector, have significantly shifted their attitude towards crypto assets in recent years, paving the way for the mainstreaming of encryption.

The banking industry and crypto companies are accelerating their integration. According to statistics, 35 banks have shown a friendly attitude toward the crypto industry and have established substantial business relations with crypto-native enterprises. These banks are mainly located in the United States, Switzerland, and other financial centers in Europe. Among them, the United States has 11 banks, and Switzerland has 10, reflecting the leading position of these two countries in promoting innovation in crypto finance.

A series of policy measures by the Office of the Comptroller of the Currency (OCC) has provided a institutional foundation for the integration of crypto enterprises with traditional banks. This includes allowing crypto enterprises to obtain national trust bank licenses, as well as authorizing banks to directly custody crypto assets. These policies not only promote the development of crypto-native enterprises but also encourage traditional financial institutions to actively participate in the crypto space.

Many globally renowned banks have begun or plan to offer services related to Crypto Assets. Some banks have already provided banking services for major crypto exchanges, while others have announced plans to launch digital currency custody services. Switzerland has been particularly active in this regard, having opened the channel for crypto companies to apply for banking licenses as early as 2019, and allowing traditional banks to conduct crypto asset custody services.

In Asia, Singapore's DBS Bank has launched a platform that integrates digital asset issuance, trading, and custody, supporting transactions between various Crypto Assets and fiat currencies, demonstrating the traditional bank's determination to embrace digital assets.

With the influx of institutional investors, Bitcoin is gradually becoming a new choice for asset allocation among publicly listed companies. Currently, 19 publicly listed companies in North America and Europe directly hold Bitcoin. Along with the holdings of large crypto assets funds like Grayscale, institutional investors collectively hold nearly 950,000 Bitcoins, accounting for 4.747% of the total supply.

Crypto Assets investment tools are also continuously being enriched. In addition to the existing trust funds, the launch of Bitcoin ETFs is also imminent. Canada has approved two Bitcoin ETFs for trading, and the US market's expectation for such products is also growing. The emergence of these new investment tools will provide more convenience and options for institutional investors to participate in the crypto market.

With the gradual clarification of the regulatory environment and the continuous expansion of investment channels, it is expected that more listed companies and institutional investors will consider incorporating Bitcoin into their investment portfolios. This trend not only reflects the market's confidence in Crypto Assets but also signals a profound transformation of the financial system in the digital economy era.