According to Eric Balchunas, BlackRock's filing for the IBIT Bitcoin ETF in 2023 coincided with Bitcoin trading at $30,000, shortly after the FTX collapse. As of June 2025, Bitcoin's price has surged to $110,000, delivering a 7x return compared to the S&P 500 during the same period (source: Twitter/EricBalchunas). This substantial outperformance has led to increased legitimacy and adoption of Bitcoin among institutional investors, providing strong trading momentum and signaling enhanced confidence in crypto markets.

According to @justinsuntron, Justin Sun was honored to be invited to tour the White House, sharing his visit publicly on May 23, 2025 (source: Twitter). While no policy announcements were made, Sun's direct engagement with US officials at the White House signals growing recognition of key crypto industry figures, including the founder of TRON. For traders, this development suggests increased legitimacy for TRON (TRX) and broader cryptocurrency markets, potentially affecting regulatory outlook and market sentiment in the US. Monitoring TRX price action and regulatory updates is recommended following this high-profile event.