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2025-05-09 17:57:15

Bitcoin above $ 100,000 - Institutions strengthen purchases via ETF

On May 8, BTC struck a $ 100,000 mark, and a clean flow to the spotes ETF amounted to $ 142.3 million (Farside Investors data).

  •  Landigrates on the influx of May 7:
  •  Ark 21Shares (Arkb): $ 54 million
  •  Fidelity: $ 39 million
  •  BlackRock (IBIT): $ 37 million

 Arkham: BlackRock held one 86 BTC transaction for $ 8.4 million

 On May 8, the funds received another $ 117 million, including $ 69 million in IBIT by BlackRock.

 Alex Podchakevich (Obchakevich Research):

“Institutional funds and hedge funds are actively entering BTC-especially through adjustable tools.”

 The only fund with outflows is Grayscale (GBTC)

Reasons: High Commission (1.5%) and preferences of investors in the direction of more effective ETF.

 There is also an increase in BTC correlation with NASDAQ (0.75) - the positive dynamics of the stock market enhanced the impulse.

 Earlier, May 5:

  •  The influx in Bitcoin-ETF reached $ 425.5 million-a record since April.

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