Part 3/14:
Institutional activity continues to grow, with significant players like BlackRock holding nearly 275,000 BTC, a considerable position that suggests confidence in Bitcoin's long-term value. This stacking by major firms is seen as a bullish indicator, sparking curiosity about the identities of the ultimate beneficiaries of these holdings.
The influx of capital through ETFs—though modest—reinforces the narrative that institutional investors are gradually shifting from skepticism to acceptance of Bitcoin. Europe, in particular, is watching these developments closely as a potential catalyst for a new rally targeting the all-time high of 73k or beyond. The arrival of more ETFs and institutional buyers could propel Bitcoin back toward these levels during the upcoming months.