In the last bull market, Saylor and Grayscale only bought but did not sell. In this bull market, Grayscale's investors began to gradually withdraw, but BlackRock took over the baton. There is reason to believe that the amount of customers and funds that BlackRock can influence is hundreds of billions. By the end of the year, BlackRock may hold more than 100 billion US dollars in BTC.

There is no reason to believe that the bear market is coming, and there may be fluctuations, but the truth is not far away.