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Are institutions FOMOing back into Bitcoin?
By James Van Straten at 2025-05-30 07:48
Sentiment: Positive
As Bitcoin's price climbed to over $30,000, many speculated whether this would attract hedge funds and institutions back into the market. With significant sideline capital eyeing lower prices, Bitcoin's self-sustained resilience became apparent. Deutsche Digital Assets observed a link between hedge funds entering Bitcoin and the price surge. But what exactly did Glassnode's data reveal about the Purpose Bitcoin ETF's performance after the mid-March SVB collapse, and how did the ETF react when Bitcoin's price crossed $30,000? Discover the answer in our Alpha content... The post Are institutions FOMOing back into Bitcoin? appeared first on CryptoSlate. Continue reading...
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