Institutional funds are quietly entering the market.


BlackRock yesterday withdrew a total of 2,700 BTC (approximately $197 million) from Coinbase in one go, which is not a small move, as their own ETF has been a continuous signal of accumulation in terms of assets under management.
Meanwhile, Strategy's preferred stock STRC has already raised enough funds this week to buy 8,000 BTC, indicating that institutional purchasing power has not significantly declined.
BTC1,62%
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