Bitcoin News: Institutional Ownership of Bitcoin ETFs Surges 55x in 11 Months

The institutional adoption of Bitcoin ETFs has experienced explosive growth, increasing nearly 55 times in the past 11 months. This significant shift indicates a growing appetite for Bitcoin exposure among traditional investors.

Bitcoin ETFs See 55x Surge in Institutional Ownership

The institutional adoption of Bitcoin exchange-traded funds (ETFs) has skyrocketed in the past 11 months, marking a significant shift in how traditional investors engage with digital assets. Bitwise data reveals that the number of institutional holders of US spot Bitcoin ETFs has soared by nearly 55 times, from 61 in March 2024 to 3,323 by mid-February 2025. This remarkable growth underscores a strong appetite for Bitcoin exposure through regulated financial vehicles.

Bitcoin Underperforms Compared to Gold and S&P 500, Investors Rotate to Gold as Safe Haven

Bitcoin has underperformed compared to Gold and the S&P 500 since the February 3 market crash, with investors rotating capital to Gold due to its safe haven qualities during macroeconomic uncertainties. Despite Bitcoin trading above $98,000, it remains range-bound while traditional assets set new highs.

Bitcoin Price Consolidation and Role of USDT Dominance

Bitcoin has been consolidating below $100,000 since early February due to decreased bullish sentiment and euphoria regarding Trump's crypto-positive administration. Technical analysis still supports a bullish outlook, with the current stagnation seen as a re-accumulation phase. Notably, the USDT dominance is expected to play a crucial role in triggering the next Bitcoin rally towards $150,000.

Bitcoin Price Aims Higher After Recovery Above $96,500

Bitcoin price has started a recovery wave above the $96,500 zone, indicating a possible new rally. The price is currently trading above $97,000 and the 100 hourly Simple moving average. A key bullish trend line has formed with support NEAR $97,600 on the hourly chart of the BTC/USD pair. If the price remains above the $96,400 zone, another increase could be on the cards. Bitcoin had formed a base above $94,500 and has since surpassed resistance levels at $95,000 and $96,400. The bulls have even pushed the price above $98,500, with a high formed near $98,725. The price is now consolidating gains.

Michael Saylor Predicts US Could Own 20% of Bitcoin Supply

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), stated at CPAC 2025 that the US has a unique opportunity to own 20% of Bitcoin's total supply. He compared Bitcoin's strategic value to major territorial acquisitions in US history and emphasized the potential benefits for the dollar and the nation. Saylor believes that only one country can take the lead in the race for Bitcoin dominance, and he sees the US as a frontrunner.