“The fifth bitcoin bull market appears to be primarily driven by the expectations of institutional adoption,” the report said. “Bitcoin’s characteristics, which were traditionally associated with assets like gold and other safe-haven investments such as Treasury bonds, have led institutions to consider Bitcoin for diversifying their asset allocation.”
Bitcoin ETFs on $3B ‘bender,’ log first full week of inflows in 5 weeks
Spot Bitcoin exchange-traded funds (ETF) in america noticed over $3 billion in inflows this week, marking the primary full week...