Bitcoin ETFs Shatter Records: Institutional Confidence Soars Amid Market Turbulence
In early 2024, Bitcoin ETFs achieved historic inflows, breaking previous records despite significant market volatility. BlackRock's IBIT emerged as the most successful ETF launch in history, highlighting growing institutional confidence in digital assets. Spot Bitcoin ETFs surpassed $40 billion in cumulative inflows before undergoing a $5 billion correction, demonstrating both resilience and volatility in the crypto market. This milestone underscores the increasing adoption of Bitcoin as a legitimate asset class, even as the market navigates periods of turbulence. The rapid rise of these investment vehicles signals a maturing market infrastructure that could pave the way for further mainstream acceptance of cryptocurrencies.
US Bitcoin ETFs Achieve Historic Inflows Amid Market Volatility
Bitcoin ETFs have shattered previous inflow records despite recent market turbulence, underscoring institutional confidence in digital assets. The vehicles attracted unprecedented capital in early 2024, with BlackRock's IBIT being hailed as the most successful ETF launch in history. This resilience comes as spot bitcoin ETFs surpassed $40 billion in cumulative inflows before experiencing a $5 billion correction.
The rapid recovery of inflows demonstrates Bitcoin's maturing market structure. Analysts note the ETFs' performance defied prevailing sentiment indicators, which had signaled extreme fear among retail traders. Such divergence suggests deepening institutional participation may be altering traditional crypto market dynamics.
Coinbase Passed on $54B Bitcoin Bet That Propelled MicroStrategy's 3,000% Surge
Coinbase Global Inc. considered but ultimately rejected a Bitcoin accumulation strategy mirroring MicroStrategy's high-stakes approach, CEO Brian Armstrong revealed. The exchange weighed allocating 80% of its balance sheet to crypto during multiple junctures over the past decade, but risk management concerns prevailed.
"We had those same thoughts about going all-in on Bitcoin," Armstrong admitted during a Friday discussion on X. The admission comes as MicroStrategy's $54 billion BTC position has delivered astronomical returns, with its stock soaring 3,000% since adopting the strategy in August 2020.
The divergence highlights the risk calculus of public companies in crypto. While MicroStrategy transformed into a Bitcoin proxy, Coinbase prioritized financial stability - a decision that preserved its startup agility but cost potential upside. Armstrong's remarks underscore how institutional adoption trajectories vary dramatically based on risk appetite.
Bitcoin ETFs See Mixed Inflows Despite BTC Surpassing $100K
Bitcoin's historic rally above $100,000 has reignited institutional interest in spot BTC ETFs, though inflow momentum shows signs of moderation. U.S.-listed funds attracted $260 million combined on May 7-8, signaling renewed confidence after recent tariff-related outflows.
Fidelity's ETF gains traction as BlackRock's product experiences cooling demand. The divergence suggests investors are becoming more selective even as Bitcoin tests new all-time highs. Institutional appetite remains robust, but the frenetic pace of capital deployment appears to be stabilizing.
Tech Expert Predicts Bitcoin Could Reach $1 Million with 'One More 10x' Surge
Bitcoin's recent rally above $104,000 has reignited bullish sentiment, with Starks creator Muneeb Ali declaring another 10x price surge inevitable. The cryptocurrency gained 6% this week despite a 4% pullback, building on its three historic leaps from $100 to $1,000, $10,000, and now six figures.
"I've seen bitcoin go from $100 to $1,000, then to $10,000, and now over $100,000," Ali noted, framing the asset's exponential growth as a series of compounding breakthroughs. The prediction comes as traders scrutinize whether institutional adoption and LAYER 2 innovations like Starks will fuel the next paradigm shift.
B2 Network and Plume Network Partner to Bridge Bitcoin and Real-World Assets
B2 Network, a pioneering zk-rollup Layer 2 solution for Bitcoin, has announced a strategic collaboration with Plume Network, a blockchain platform specializing in real-world asset (RWA) tokenization. The partnership aims to enhance capital efficiency, transparency, and yield opportunities by integrating Bitcoin-based assets with RWAs on-chain.
The alliance marks a significant step toward merging Bitcoin's liquidity with the growing RWA sector. PLUME Network's infrastructure is designed to unlock the on-chain potential of tangible assets, while B2 Network brings Bitcoin scalability through zero-knowledge proof technology.
Bitcoin’s Rare On-Chain Phase Signals Potential Rally to $120K
Bitcoin has entered a rare on-chain phase where all UTXO age bands are in unrealized profit, signaling broad investor confidence. The shift occurred as BTC surpassed $98,138, with the cryptocurrency now trading at $102,942—a 3.32% gain in 24 hours.
Key metrics like the Stock-to-Flow and NVM Ratios have surged, aligning scarcity and utility with Bitcoin's price momentum. This universal profitability across holder cohorts suggests stronger hands and reduced sell pressure, potentially fueling the next leg up.
Whale activity indicates institutional positioning may be underway. The last time such conditions preceded major price expansions, notably during the 2021 bull run.
