{"id":35177,"date":"2025-07-04T09:01:55","date_gmt":"2025-07-04T09:01:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35177"},"modified":"2025-07-04T09:01:55","modified_gmt":"2025-07-04T09:01:55","slug":"heres-why-bitcoins-price-doesnt-go-up-despite-massive-etf-and-corporate-buys","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35177","title":{"rendered":"Here\u2019s Why Bitcoin\u2019s Price Doesn\u2019t go up Despite Massive ETF and Corporate Buys"},"content":{"rendered":"
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Early Bitcoin (BTC) whales have reportedly offloaded more than 500,000 BTC, worth about $50 billion at current rates, in the past year, an exit matched by institutional inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) and corporate treasuries.<\/p>\n

The churn, detailed in a recent Bloomberg piece, has kept the king cryptocurrency near its record highs while suppressing its more volatile nature, signaling a fundamental shift from speculative asset to institutional holding.<\/p>\n

The Great Bitcoin Handover<\/h2>\n

According to Bloomberg, the BTC sales by early holders in the last year mirror net inflows into American spot BTC ETFs, indicating a near one-to-one handover. These sellers include miners, offshore funds, and anonymous wallets, many of whom accumulated their holdings when Bitcoin traded for mere hundreds.<\/p>\n

Some are now reportedly offloading their BTC for stock-linked financing deals, effectively exiting the crypto market through \u201cin-kind\u201d transfers.<\/p>\n

Meanwhile, institutional buyers, led by the ETFs, Michael Saylor\u2019s Strategy, and a host of corporate imitators, are said to have accumulated nearly 900,000 BTC, pushing their combined holdings to 4.8 million BTC. This represents about one-quarter of the cryptocurrency\u2019s 19.8 million circulating supply.<\/p>\n

Interestingly, a recent CNBC report revealed that corporate treasuries have been amassing<\/a> more Bitcoin than their ETF counterparts for three straight quarters.<\/p>\n

Data from BitcoinTreasuries shows<\/a> that Strategy alone holds<\/a> 597,323 BTC worth over $65 billion, way more than the 527,648 BTC in the custody of governments around the world, but dwarfed by the 848,608 BTC collectively owned by public companies.<\/p>\n

Volatility Vanishing<\/h2>\n

The Bitcoin sales in the past 12 months mark a dramatic powershift considering a study by Flipside Crypto estimated that five years ago, just 2% of anonymous accounts controlled 95% of Bitcoin.<\/p>\n

As DRW\u2019s Rob Strebel told<\/a> Bloomberg, \u201cCrypto is becoming less of an outlier,\u201d adding that the reduced volatility is a reflection of BTC\u2019s growing status as a stable, long-term asset class.<\/p>\n

Strebel\u2019s take on Bitcoin\u2019s volatility wasn\u2019t pulled out of thin air. Deribit\u2019s BTC Volatility Index, which measures 30-day forward-looking annualized volatility expectations, has dropped to its lowest level in the last two years, potentially making Bitcoin \u201can attractive retirement asset,\u201d as Arca CIO Jeff Dorman stated.<\/p>\n

BTC has displayed this steadiness at the markets recently, with a narrow 24-hour range between $108,871 and $110,386. It was trading at $109,155 at the time of this writing, reflecting a 3.5% rise in the last 30 days and a smaller 1.5% improvement over the past week to edge the broader crypto market, which went up 1.4% in that period.<\/p>\n

The post Here\u2019s Why Bitcoin\u2019s Price Doesn\u2019t go up Despite Massive ETF and Corporate Buys<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Early Bitcoin (BTC) whales have reportedly offloaded more than 500,000 BTC, worth about $50 billion at current rates, in the past year, an exit matched by institutional inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) and corporate treasuries. The churn, detailed in a recent Bloomberg piece, has kept the king cryptocurrency near its record highs […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35177","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35177"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35177\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}