Recently, there’s been a buzz in the market about Blue Owl’s liquidity crisis, right? It’s the kind of situation that brings to mind the 2008 financial crisis, but in the world of crypto assets, this pattern of external shocks repeatedly creates investment opportunities that come after Bitcoin.

It’s true that uncertainty is spreading among institutional investors, but historically, these periods often become turning points when Bitcoin and related assets suddenly draw a lot more attention. As distrust in the traditional financial system grows, interest in digital assets ramps up rapidly.

While the Blue Owl issue itself is serious, what becomes clear from this is that the market is looking for a more transparent, decentralized system. As the next investment after Bitcoin, this background could accelerate capital inflows into new asset classes and technologies.

In fact, during past crisis periods, digital assets—including Bitcoin—have functioned as alternative assets. The current Blue Owl liquidity crisis also has a high chance of prompting a structural shift in the market in the long run. The trend for the next investment after Bitcoin often emerges from changes in this kind of external environment.

Personally, I think it’s exactly in these unstable moments that you get a great opportunity to read the market’s fundamental changes. The deeper the doubts grow about the traditional system, the wider the investment opportunities that come after Bitcoin should become.