Group 1 - The core viewpoint of the articles highlights a significant "supply crunch" in the Bitcoin market, driven by institutional accumulation and ETF inflows, pushing Bitcoin prices towards $200,000 by 2025 [1][4] - According to Bernstein's report, 80 companies have accumulated 700,000 BTC, representing 3.4% of the total supply, while the net inflow into U.S. spot Bitcoin ETFs reached $3 billion last week, increasing institutional holdings to 33% [1] - The balance of BTC on exchanges has dropped from 16% in 2023 to 13%, indicating that Bitcoin is being removed from the market and locked in institutional "digital vaults" [1] Group 2 - XBIT decentralized exchange is emerging as a safer and more transparent asset custody option for institutional investors, as traditional centralized exchanges face regulatory risks and frequent hacking incidents [2] - The platform's on-chain trading volume is increasing, particularly as companies like MicroStrategy continue to accumulate Bitcoin, with their latest holdings exceeding 440,000 BTC [2] - XBIT's anti-censorship features are making it a complementary channel for institutions to "invisibly accumulate" Bitcoin [2] Group 3 - Bernstein's bold predictions suggest Bitcoin could reach $200,000 by the end of 2025, $500,000 by 2029, and over $1 million by 2033, based on the "halving effect" and ETF demand [4] - The narrative of Bitcoin as "digital gold" is strengthening, with the Trump administration promoting a "crypto capital" plan that could attract more funds into the market [4] - XBIT's global accessibility may serve as a key entry point for emerging market users to participate in the upcoming bull market [4] Group 4 - With 9% of BTC supply controlled by institutions, retail investors are encouraged to consider non-custodial platforms like XBIT to balance flexibility and security [5] - The anti-censorship characteristics and the principle of "your keys, your assets" are making XBIT increasingly popular among investors amid the institutional accumulation trend [5] - Decentralized trading platforms are providing retail investors with a strategic advantage, allowing them to securely hold their Bitcoin as prices approach $200,000 [6]