What is the “Silent IPO” phase and how does it reflect growing institutional involvement in Bitcoin?
Why is this the correct answer?
This is correct because the Silent IPO refers to large early holders unloading coins in a market-friendly way, similar to an IPO but without public fanfare. Institutions take over those positions, which shows them building meaningful stakes in Bitcoin. Beginners should recognize this shift as a sign that bigger players are increasingly comfortable allocating capital to crypto.
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