Deep Tide TechFlow report: On August 28, according to Fortune, Grayscale CEO Peter Mintzberg wrote that Bitcoin surged about 20% last week, marking the strongest three-day rise since 2023, and that the crypto winter is gradually thawing. However, he cautioned that market watchers are still overly focused on short-term price fluctuations while ignoring the long-term structural growth of digital assets.

Mintzberg emphasizes two core driving forces: first, the ongoing expansion of institutional demand. In 2025, net daily inflows into spot Bitcoin ETPs exceeded $500 million—about 12 times the amount of new supply added daily by miners. In 2026, an EY survey found that 73% of institutional investors plan to increase their allocations to digital assets. Second, corporate adoption of blockchain is accelerating. In 2025, about 60% of Fortune 500 executives said their companies are pushing forward with blockchain initiatives, and firms such as Fidelity, Visa, and Stripe are also developing stablecoin businesses.

It also points out that AI and public chain technology are complementary, and new demands such as machine-native micro-payments and instant cross-border settlement will further drive the adoption of blockchain. As the regulatory framework becomes increasingly clear, digital assets are accelerating their integration into mainstream financial systems.