The Bitcoin hasrate market is demonstrating a clear trend towards financialization, a phenomenon that has captured the attention of the capital market. According to analysis by KPMG experts, the financialization of hasrate opens up new avenues for investors to participate in Bitcoin mining and offers strategies to mitigate the risk of price fluctuations through derivative markets. Despite regulatory uncertainties, the significance of hasrate as a tradable asset cannot be overlooked, and its position and influence within the capital market are growing. Looking ahead, as market participants further recognize the value of hasrate, it is anticipated that hasrate will play an increasingly important role in the financial sector, driving the development of the cryptocurrency market.