In today’s briefing:
- Strategy Beats BlackRock in BTC
Strategy Beats BlackRock in BTC
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Bitcoin reclaimed $78,000 mid-week and traded around $77,875 on Sunday, up 4.4% on the week as institutional flows reasserted themselves.
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Strategy disclosed a $2.54 billion purchase of 34,164 BTC, lifting holdings to 815,061 BTC and passing BlackRock’s IBIT as the largest single Bitcoin holder.
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Spot Bitcoin ETFs logged $823 million of net inflows for the week of April 20 to 24, an eight-day streak that pushed April’s total above $2.4 billion.
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