Recently, there has been an interesting phenomenon—since 2025, the price volatility of Bitcoin has actually been lower than that of tech giants like NVIDIA. This reflects a quiet shift in the investor structure.

Looking back over the past decade, Bitcoin's volatility has been steadily decreasing. Why? The reason is straightforward: with the introduction of traditional investment tools like spot ETFs, institutional funds have flooded into the crypto market. This is no secret; trading data from last year to this year already hints at this trend.

What does this mean? Bitcoin is undergoing a crucial transformation—from a high-risk "gambling asset" to a "normal asset." Institutional investors focus on risk management and long-term allocation, and their participation naturally helps stabilize price fluctuations. As a result, the entire market is becoming more mature and stable. Looking ahead to 2026, this trend is expected to continue deepening.