As global institutional adoption accelerates, the spot Bitcoin ETF scale has exceeded $100 billion.
According to the latest data from The Block, as of May 19, 2025, the spot Bitcoin ETF Assets Under Management (AUM) has reached $109 billion, a figure that not only sets a new historical record but also signals a new stage of institutional investors' acceptance of crypto assets.
At the recently held CryptoAI Summit 2025 hosted by Bitpush, we were fortunate to have a dialogue with Wall Street veteran investment expert Winston Ma, who, drawing on his extensive experience in global investment and regulation, shared profound insights into the latest developments of sovereign wealth funds, the regulatory landscape of crypto assets, and Bitcoin's unique role in the global financial system.
Guest Introduction
Winston Ma, a Chartered Financial Analyst (CFA) and lawyer, is an active investor, lawyer, author, and professor in the global AI digital economy. He is a partner at Dragon Global, a family office focused on AI (founding member of Dragon.AI), executive director of the Global Public Investment Fund Forum (GPIFF), and a professor of sovereign investors at NYU School of Law.
... [rest of the text continues in the same manner]When discussing geopolitical relations between the United States and China and market fluctuations under the background of "deou-dolationlaranalyzed the development.
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<3what does mean institutional? What retail does it users?>Winston believes they will be differentt: They are different Firstly, sovereign, they. they certainly view crypto assets on blockchain as As a potential asset class for their-. But simultaneously, they are sovereign entities, so they are closely related to their national government and global global politics." >>retail focus: But, are more Bit and blockchain. For cbsuch things, they might be concerned about data privacy issues, or government centralized data considerations. But ultimately, I believe if both become a strong, scalable ecosystem I, believe also the cbthe same way large institutions."strong :请将下面的文字翻译为英文英语p>近期，，Bit数字货币交易平台的在用户数量持续增长，尤其是在加密货币市场回�。情况下。师认为，这一一增长可能源于以下几个方个方因面：
<> 场回暖：加密货币市场的逐渐企企稳，资信心逐步�。<
用户教育：：：：平台加强了加了对新手的指导和教育。<4. 产品创新：推出了更多的元化的投资产品，吸引了更多用户。<>得意的是，台还特别重视了合规性和用户保全，这也是长提供了保障。。分析师认这认这可能源于几下方方面：
1. 市场回回暖：加密货币市市场逐渐企稳，投者信心逐步恢复。
2. 平台台功功能优化：提：供了更安安全全、、更便捷的交易体验。
3. 用户教育新新导强：平台台台化了对新手的指指指导和教育。
4. 产品创新：推出更多元化的投资产品，吸引了更多用户。
值意的是，Bit平台还特别重视了合规用户安全，这也也为其长保障。
Human将�英文>Recently, the Bit digital currency trading platform has user number has continued to grow, especially under the backdrop of cryptocurrency market recovery.According to platform data, Bit platform's daily active users have reached 1 million, with a year-on-year growth of 30%. This growth trend reflects users' continuous attention and confidence in the cryptocurrency market.
Analysts believe that may from aspects p><1: gradually stabilizing, investor confidence is.
2. Platform Bit platform provides safer, and more convenient trading experience..
4. Product Innovation: More More products attractified, attracting more users.It is worth noting that Noting,, bit specially emphasizes user safety, which provides guarantees for its.
