Could Trump’s Return Be Shaping Bitcoin’s Growing Institutional Adoption and Rising Market Value?
The post Could Trump’s Return Be Shaping Bitcoin’s Growing Institutional Adoption and Rising Market Value? appeared on BitcoinEthereumNews.com.
Is Trump’s return influencing Bitcoin’s momentum? Bitcoin surpasses $100K, attracting record ETF inflows and institutional investor confidence. Sovereign wealth funds, especially in the UAE, are increasingly adopting Bitcoin as a reserve asset. Bitcoin [BTC] has officially entered six-figure territory, now trading at $103,558.88 after posting a 0.33% daily gain and a 7.91% increase over the past week, according to CoinMarketCap. This milestone marks more than just a psychological victory; it signals mounting institutional and sovereign interest in the asset. This article explores the rapid growth of Bitcoin, its institutional adoption, and the geopolitical factors fueling this surge, particularly in the context of recent political events. BlackRock’s Bitcoin adoption Notably, BlackRock’s spot Bitcoin ETF, IBIT, continued to draw significant capital, recording $356.2 million in inflows on the 9th of May, per Farside Investors. The fund has now notched 19 straight days of inflows, its longest streak this year, reflecting growing confidence among large-scale investors as Bitcoin’s bullish momentum builds. Interestingly, BlackRock’s IBIT has been on an impressive 19-day inflow streak since the 14th of April, attracting over $1.03 billion in just the past trading week. This surge in institutional interest has coincided with a volatile yet upward-trending Bitcoin market, where the asset fluctuated between $83,152 and $103,000. A notable turning point occurred on the 23rd of April, when Bitcoin reclaimed the $90,000 level, eventually breaking past $100,000 on the 8th of May for the first time since the 1st of February. The current inflow streak has already doubled IBIT’s previous 2025 record, a nine-day run around President Donald Trump’s inauguration in January, signaling stronger, more sustained conviction among institutional players. Adding to this momentum, sovereign interest is also intensifying, with global entities increasingly exploring Bitcoin’s potential as a strategic asset. Nations are also flocking to Bitcoin Additionally, Neoclassic Capital’s Michael Bucella…
Filed under: News - @ May 11, 2025 12:17 am