#以太坊大户持仓变化 The turning point of "embracing" crypto in traditional finance

Recently, two major events have occurred in the capital circle, enough to change market expectations for 2026.

Bank of America officially recommended that high-net-worth clients allocate 4% of their investment portfolios to crypto assets in its latest report. This is not the personal opinion of an analyst, but the official stance of Bank of America Group. What does this mean? It means that cryptocurrencies like Bitcoin and Ethereum are being included in the standard allocation framework of mainstream wealth management for the first time. Behind this is the fact that hundreds of trillions of dollars in traditional funds are about to have a "compliant identity" and a clear entry path.

Almost simultaneously, the Federal Reserve decision-makers signaled an extremely hawkish stance — interest rate cuts must accelerate this year, likely exceeding 100 basis points. This far exceeds market expectations and is almost a clear declaration: an extremely loose monetary environment has been established.

What are the consequences of these two events stacking up? Cheap liquidity and institutional capital driving from two directions. On one hand, global investors face declining interest rates and are forced to seek high-yield assets, which will inevitably increase risk appetite. On the other hand, institutional investors have gained compliant channels for entry. This is not a small-scale retail game but a structural integration between traditional financial systems and the crypto market.

In simple terms, the bottleneck of funds has been opened, and the policy valve has also been turned. A new cycle driven by macro liquidity and institutional allocation is already in front of us. The subsequent performance of $BTC and $ETH and $PEPE is worth paying attention to.