#比特币反弹

Geopolitics is the script, and capital is the director

Today, Bitcoin staged a major counterattack; so far, the price has broken through $78,000 and is still pushing higher. On the surface, this rally seems to be driven by the countdown to the US-Iran ceasefire agreement and Iran’s refusal to negotiate, with Trump extending the ceasefire deadline. But if we dig deeper, we find that behind this rebound show, the institutional funds may actually be the true directors.

We found the answer from three sets of institutional fund data: ETF weekly net inflows approaching $1 billion, Strategy investing $2.54 billion to increase holdings, and digital asset products net inflows of $1.4 billion.

1. Bitcoin ETF

Net inflows last week nearly $1 billion (highest since January)

IBIT attracted $906 million in a single week

Funds are concentrated in leading ETFs, showing an institutional allocation trend

2. Strategy

On April 20, invested $2.54 billion to add 34,164 BTC, with a total holding of 815,061 BTC, surpassing BlackRock IBIT

Corporate treasuries are accumulating at a speed that creates a tightening effect on circulating supply, surpassing ETF influence

3. Digital asset investment products

Net inflows last week of $1.4 billion, hitting a January high

Bitcoin products account for $1.12B

These three forces form a clear money flow loop: ETFs open their doors to compliant capital, Strategy attracts funds seeking yield through 11.5% annualized returns via preferred stock financing, and corporate treasuries create a “buy and hold” demand that only accumulates without selling.

So the question is, after such massive capital inflows, how do you think this Bitcoin rally script will unfold next? Break through $80,000 or turn downward? Show your opinion in the comments!