2025 is coming to an end, and Bitcoin's market has experienced a roller coaster ride this year—soaring in the first half, then pulling back in the second half, completely reshaping the market landscape. Behind this shift is the official takeover of the market by institutional funds.

A set of data makes this clear. In 2025 alone, ETF net inflows reached $34 billion, and combined with the accumulation from 2024, the total exceeds $100 billion. Even more astonishing, institutional holdings of Bitcoin now account for over 20%, and ETF assets have surged to around $115 billion. Retail investors are retreating, while institutions are entering, and this transformation will lead to a completely different market approach in 2026.

The era where a single hot topic, a meme, or even a tweet could trigger a surge or crash may truly be over. Institutional investors make decisions based on fundamentals, macro data, and solid growth logic, rather than emotions. They have professional teams and strict risk controls, unlike retail investors who chase highs. This means that price volatility will be more driven by factors such as policy signals, economic data, and corporate earnings reports—rather than emotional speculation.

The Bitcoin market in 2026 is likely to enter a new phase of maturity. Stories of sudden wealth or loss will diminish, but the foundation for rational pricing will strengthen. For those who are long-term optimistic about this market, this may be good news.