Institutions Pour Billions into Bitcoin, Championing Crypto Integration into Finance
• Cluster of companies has accumulated $13.70 billion in Bitcoin holdings, reflecting growing institutional confidence • Bitcoin ETFs received over $2.3 billion in inflows last week, dominating the ETF space • Bitcoin has surged 95% in past 6 months amid positive sentiment after SEC approved spot BTC ETFs • Investors shifting preferences from gold to crypto as seen in gold ETF outflows contrasting Bitcoin inflows • With 263,526 BTC held, these companies spearheading integration of digital assets into mainstream finance