Grayscale CEO: Crypto Winter Is Over, Long-Term Growth Outweighs Price Volatility

ME News reports that on August 28 (UTC+8), Grayscale CEO Peter Mintzberg stated that Bitcoin rose approximately 20% last week, posting its strongest three-day gain since 2023, signaling that the months-long “crypto winter” is fading. However, he cautioned that the market should not focus solely on short-term rallies or sell-offs; the more significant trend is the long-term integration of digital assets into mainstream finance. Mintzberg noted that daily fund flows into Bitcoin ETPs in 2025 frequently exceed $500 million—about 12 times the daily value of newly mined Bitcoin. Although U.S. spot Bitcoin ETPs experienced eight consecutive weeks of net outflows earlier this year, they have now posted three consecutive weeks of net inflows as of late July. A survey by EY of over 350 institutional investors also revealed that 73% plan to increase their allocation to digital assets. Corporate adoption continues to advance: approximately 60% of Fortune 500 executives reported in 2025 that their companies are actively pursuing blockchain initiatives, while institutions such as Fidelity, Visa, and Stripe are advancing stablecoin initiatives. Mintzberg believes AI and blockchain are not competing technologies; rather, the demand for machine-native microtransactions and instant cross-border settlements generated by AI agents may further accelerate the adoption of public blockchains. (Source: BlockBeats)