PANews reported on May 24 that according to Cointelegraph, Fidelity Digital Assets' latest research report pointed out that the current Bitcoin bull market will reshape its position in modern investment portfolios. Data shows that since the halving in April, Bitcoin computing power has increased by 50%, and the realized market value (Realized Cap) has jumped 63% to US$915 billion, reflecting the strengthening of market confidence. The report emphasizes that this cycle presents three major characteristics: 1) A cumulative inflow of US$134 billion after the approval of spot ETFs; 2) Institutional holdings hit a new high, with MicroStrategy, a listed company, holding 576,000 BTC; 3) The Puell Multiple indicator stabilized, indicating that the market has adapted to the low issuance after the halving. Bitcoin prices rose 31% after the halving, hitting a record high recently. Daniel Gray, a senior analyst at Fidelity, believes that the resilience of the Bitcoin network and institutional participation have reached historical peaks, and its status as a mature asset class is being established.