- Bitcoin crossed the $ 111,000 mark after Blackrock’s BTC-ETF had $ 607 million of trusses, which shows the strong institutional demand.
- Progress in the regulation of stablecoins in the United States reduce uncertainty, strengthen the trust of investors and helped Bitcoin to his new all -time high.
The Bitcoin course broke the $ 111,000 mark this week and reached a new all-time high in the middle of increasing demand from institutional investors. The rally comes at a time when Bitcoin ETFs recorded capital inflows in the USA, led by Blackrock’s Ishares Bitcoin Trust (IBIT), which recorded the highest inflow in one day in over two weeks. The broader dynamics also follow the new progress in stable coin legislation, which contributes to growing trust among long-term investors.
According to Farside Investors recorded The IBIT of Blackrock on May 21st A net inflow of $ 530.6 million. This was the greatest increase in one day since May 5, when $ 531.2 million was invested. It is noteworthy that the fund has not recorded any drains since April 9. Analysts attribute this persistent trend to the continued interest of institutions who are looking for a safe and regulated commitment in Bitcoin.
The data Show that IBIT gained around 4,931 BTC in one day, while only 450 BTC were mined in the same period. The growing gap between supply and demand is a sign of a narrower market, since the asset managers increase their Bitcoin purchases. The fund trading volume this week has been the highest since January, which shows that institutions are going back into the market.
The amount of money, which was listed in the 11 in the USA on May 21, flowed Bitcoin ETFs $ 607.1 million. The Wise Origin Bitcoin Fund from Fidelity recorded $ 23.5 million this week. People who analyze the market say that the results could improve with the continued trade as soon as everything is regulated.
Political developments alleviate regulatory uncertainties
Bitcoin’s price increase coincides with the progress in the Genius Act, which loudly CNF report first comprehensive StableCoin law of the United States. On May 21, the Senate voted to advance the legislation so that it can be discussed in the coming days. The draft law provides for more explicit rules for the issue of stable coins and the deposit of reserves and offers an urgently needed political direction for the markets for digital assets.
Senator Tim Scott, Chairman of the Senate Banking Committee, said that the legislation is an important step towards “protecting consumers and maintaining innovation” The cross -party support from previous years, in which regulatory ambiguities often suffocated institutional participation in the cryptoma markets.
From the political shift to pricing
The increase in Bitcoin over $ 111,000 follows a wider trend that began after the US President’s inauguration in January 2025. The price dynamics then slowed down due to concerns about new tariffs, which led to a market decline of 30 %. In May, however, optimism returned after reports on declining trade voltages and a renewed concentration of legislation on the regulation of cryptocurrencies.
Experts assume that the increase over the $ 100,000 mark is a sign of a changed hiring of investors. According to Cosmo Jiang from Pantera Capital The rising Demand for digital assets an important factor for recovery of the market.
Volatility is likely when Bitcoin exceeds the $ 111,000 mark. According to Jupiter Zheng from Hashkey Capital, macroeconomic factors and political events with so much uncertainty in the world could have an additional influence on prices.
Analysts believe that the inflow in ETFs will remain an important support for the upward trend of Bitcoin. Jeff Mei, Chief Operating Officer at BTSE, said that the increasing inflows indicate that investors are looking for a regulated commitment and long -term positions. He added that the demand could increase if the Federal Reserve Bank lowers interest in the coming months.
No Comments