Before this year, we received zero requests for two reasons: 1) Most large platforms have not yet approved Bitcoin exchange-traded funds (ETFs); 2) Professional investors mostly view Bitcoin as a special, opportunistic investment. However, they are now starting to inquire about long-term Capital Market expectations, which indicates a shift in their perspective: Bitcoin is no longer a one-off investment on the periphery of portfolios but is beginning to be considered for inclusion in the core. For Bitcoin to mature into a truly institutional-grade asset class is by no means an overnight process. It requires hard-won progress in processes and infrastructure, as well as the tireless efforts of many individuals. This process truly began with the Spot Bitcoin in January 2024.