Institutional Bitcoin Buying Surges 5871.33 BTC 705M USD

Last week, twelve public firms collectively purchased 5,871.33 BTC, amounting to over $705 million. This significant investment was led by Strategy, which acquired 4,225 BTC at an average price of $111,827, bringing its total holdings to 601,550 BTC. Other notable buyers included Metaplanet, which secured 797 BTC at $117,451, and The Smarter Web Company, which added 275 BTC at $108,182. These purchases reflect a strong institutional interest in Bitcoin, with firms like Remixpoint, DigitalX, and KULR Technology also increasing their exposure at high entry levels.

In addition to Bitcoin, Ethereum saw a historic inflow of $729 million, with BlackRock's ETHA posting a record-breaking $729M ETH inflow, equivalent to 240,678 ETH. This significant investment solidifies Ethereum as a core institutional asset. Sharplink Gaming also joined the flow, grabbing 60,582 ETH, including a 10,000 ETH purchase directly from the Ethereum Foundation. This transfer raised eyebrows about deeper alignment between builders and capital allocators.

The influx of capital into Bitcoin and Ethereum has reshaped the landscape of stablecoin flows and institutional positioning. Hyperliquid dominated stablecoin activity, pulling in $967.9M in fresh USDT and USDC. Ethereum followed closely, attracting $655M, while Solana and Tron registered $575M and $548M, respectively. Mid-tier chains like Sui, Avalanche, and Near also continued to draw in capital, with Aptos adding $53.2M and Polygon and Mantle showing smaller but steady gains. However, Arbitrum saw the most dramatic outflow, with $497.8M drained in seven days, marking the biggest net outflow across all chains.

This week's market activity underscores the growing institutional interest in cryptocurrencies, with firms and funds positioning heavily in both Bitcoin and Ethereum. The significant inflows into these assets reflect a broader trend of capital allocation towards digital assets, driven by their potential for high returns and increasing acceptance as a store of value. As the market continues to evolve, it will be interesting to see how these trends play out and what new opportunities emerge for investors and firms alike.