Wu said that BlackRock stated at the conference on October 3 that Bitcoin is a "safe haven asset", a global currency alternative, a global, decentralized, non-sovereign asset that can hedge against increasing global chaos and declining trust in governments, banks and legal currencies; Ethereum is a "risk-taking asset", a "blockchain adoption bet asset", a core infrastructure that supports a variety of blockchain-based applications and is critical to the continued adoption and integration of blockchain technology.