#数字资产生态回暖 Major breakthroughs in regulation. The U.S. Securities and Exchange Commission recently approved DTCC (Depository Trust & Clearing Corporation) to advance the blockchain tokenization process of traditional assets such as stocks and bonds. At the same time, major U.S. banks announced the launch of BTC-backed mortgage products — allowing users to directly collateralize Bitcoin to obtain USD loans without selling their holdings.

The significance of these developments lies in breaking down longstanding barriers. In the past, traditional financial systems and the crypto ecosystem operated independently, lacking organic connectivity. Now, with policy approval and actual implementation by leading institutions, integration has become a reality.

Capital flows will also shift accordingly. When Wall Street-level asset management firms gain compliant channels to access on-chain markets, the potential scale of funds involved cannot be underestimated. The launch of bank-grade financial products further validates the feasibility of digital assets as collateral — something that was just an assumption two years ago.

The industry narrative is shifting: from seeking recognition to system integration. Institutions are no longer mere spectators but are actively participating in building infrastructure. For participants holding major cryptocurrencies like $ETH, $BTC, these developments mean a dual expansion of liquidity and application scenarios.

Markets typically react to such policy certainty. When regulators give the nod and traditional financial giants step into the space, market sentiment often reaches a phase consensus. The specific price movements will depend on the actual pace of fund inflow.