#比特币价格走势 Seeing the mention of blockchain-related topics in SEC filings soaring to 8,000 times in August and remaining high in November 2025, the story behind this number is worth a deep dive.

Remember the crazy wave of 2017? At that time, we witnessed Bitcoin surge from a few thousand dollars to twenty thousand, but we also saw countless projects fade away in the cold water of regulation. That lesson was unforgettable—prosperity without a regulatory framework is ultimately an illusion.

Now, looking at this data again, mentions related to Bitcoin account for the largest share of filing activities. Traditional asset management firms are expanding their crypto product lines, which is no longer the wild enthusiasm of the early days. This is a signal of institutionalization and compliance. From the chaos of 2021 to now, we have gone through nearly five years of exploration.

The continuous filing revisions of Bitcoin spot ETF applications indicate what? It shows that Wall Street is finally taking it seriously. They are no longer just testing the waters with small moves but are treating Bitcoin as a serious asset class. This is different from all previous cycles I’ve seen—before every big price surge, regulation always leads the way.

History doesn’t repeat, but it often rhymes. This time, I see the rhyme clearly.