Bitcoin Breaks $94K as Institutions Lead Buying

1 hours ago

Why did Bitcoin surpass $94,000?

Which firms are leading the Bitcoin ETF market?

How are corporate strategies affecting the Bitcoin market?


비트코인 94000달러 돌파… 소매 대신 기관 주도

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- Bitcoin surpasses $94,000, institutional investors are the main cause - Record capital inflow into U.S. spot Bitcoin ETFs, $3.06B [Unblock Media] Bitcoin (BTC) price has surpassed $94,000, approaching an all-time high. This upward trend is mainly attributed to the large influx of funds from institutional investors rather than retail investors. Recently, U.S. spot Bitcoin ETFs have seen record capital inflows. As of April 25, 2025, a total of $3.06B (approximately 4.15 trillion won) has flowed into 11 spot Bitcoin ETFs, marking the largest weekly inflow of 2025. Notably, BlackRock's IBIT and Fidelity's FBTC are leading the ETF market, each holding over 280,000 BTC. Corporations are also actively participating in the Bitcoin market. MicroStrategy recently acquired an additional 6,556 BTC, increasing its total holdings to 538,200 BTC, which is about 2.5% of the total Bitcoin supply, indicating the significant impact of the company's Bitcoin holding strategy on the market.
In a recent tweet, Bitwise CEO Hunter Horsley stated, "Institutions joining the force willing Bitcoin to succeed," highlighting that institutional investors are driving the success of Bitcoin. This suggests that Bitcoin is being recognized as a long-term asset beyond a mere investment tool. In contrast, the participation of retail investors is on a decline. Despite the rise in Bitcoin prices, Google search trends for the 'Bitcoin' keyword remain low. Unlike the past, this indicates that institutional investors are leading the market rather than general public interest.
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Article Info
Category
Market
Published
2025-04-28 07:54
NFT ID
374
News NFT detail
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