Institutional Demand Boosts Bitcoin Momentum

[mendez]

Institutional activity is playing a growing role in the recent rise of Bitcoin.

US spot Bitcoin ETFs recently recorded four consecutive days of inflows totaling $583 million, signaling strong interest from large investors.

At the same time, software firm MicroStrategy—now operating under the name Strategy—reportedly accumulated more than $900 million worth of Bitcoin exposure through its STRC yield-bearing instrument.

Combined with macroeconomic uncertainty, these institutional flows are helping support Bitcoin’s recent push above the $70,000 level.

[cryptoenthusiast]

BTC:
US economy:
investors: “hold my ETF”