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Institutional fund flows bring major bullish news (direct buy orders supporting prices)
1. U.S. stock spot BTC/ETH ETFs continue to see large net inflows
Yesterday, the total net inflow across all crypto ETFs in the market was $239 million; the Bitcoin ETFs alone took in $181 million, ending the previous streak of 8 straight weeks of outflows. BlackRock’s IBIT remains firmly at the top of the net inflow rankings. Institutions are continuing to accumulate in batches at the current price level, providing bottom support for the coin price.
2. BlackRock CEO publicly turns bullish on Bitcoin
Today, BlackRock CEO Fink, in an interview with CNBC, clearly stated that Bitcoin’s leverage risks have been cleared, the market structure has matured, and it has become a target for global large-asset allocation. The world’s largest asset manager chief has given public endorsement, greatly boosting Wall Street institutional confidence to enter the market and strengthening the BTC “digital gold” narrative.
3. Whales continue to accumulate coins
On-chain data shows that large-holding addresses are steadily increasing their spot BTC holdings. High-priced coins keep rotating and shifting upward, lifting the market’s average cost basis and gradually digesting sell pressure $BTC #PreIPOs第二期OpenAI认购