Trump publicly supported cryptocurrency during his campaign, vowing to make the United States the 'global cryptocurrency capital' and planning to establish a 'national Bitcoin reserve' to position the U.S. as a leader in the digital finance sector.

This vision ignited market enthusiasm for cryptocurrency, and since the election, over $4 billion has flowed into Bitcoin spot ETFs listed in the U.S., serving as a powerful catalyst for the surge in Bitcoin prices.

The market widely believes that the favorable effects of policy will serve as a catalyst for Bitcoin's further breakthroughs. If the Trump administration successfully implements these plans, Bitcoin will not only be a speculative asset but also play an important role as a national reserve.

Earlier this week, BlackRock's Bitcoin spot ETF (IBIT) launched options trading, which has been unusually active. According to data, the trading volume of call options significantly exceeds that of put options, indicating that investors remain bullish on Bitcoin, which further consolidates market confidence.

Despite Bitcoin's impressive momentum, the market is also taking a cautious stance on whether the Trump administration can introduce a long-term and stable regulatory framework for cryptocurrency. This market enthusiasm not only benefits Bitcoin and cryptocurrency but will also promote the development of the entire blockchain ecosystem.