I recently noticed that Bitcoin ETF funds are once again attracting huge capital. BlackRock IBIT leads with $263 million transferred in, while the total inflow into Bitcoin ETFs reached $458 million. This is the largest in over five months and indicates that major institutions are returning to the market.



Looking back at the event on March 2nd, when Bitcoin surged to $70,000, the capital inflow was very strong. MicroStrategy also took advantage of this opportunity to buy an additional 3,015 BTC with $204 million. As of now, they hold 720,737 BTC with a total investment of $54.7 billion. Other major companies are also not sitting still; according to CoinShares, last week digital asset investment products saw $1.0 billion in inflows, ending a five-week outflow streak.

However, Bitcoin is currently trading around $66,500 after reaching a peak of $70,000. The price has declined due to geopolitical tensions, but institutional capital continues to flow in. Some experts believe this is a sign that the bottom phase is forming. Bitcoin is still about 50% below last year's peak, leaving plenty of room for recovery. I see market sentiment turning more positive, especially as major institutions continue accumulating steadily.
BTC-3.14%
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