- Bitcoin surpasses $ 100k and attracts record ETF intake and institutional investor confidence.
- Sovereine wealth funds, especially in the VAE, are increasingly accepting Bitcoin as a reserve.
Bitcoin [BTC] has officially entered a six -digit territory, now acting at $ 103,558.88 after placing a daily profit of 0.33% and an increase of 7.91% compared to the past week, according to Mint market cap.
This milestone marks more than just a psychological victory, it means that mounting institutional and sovereign interest in the Activum.
BlackRock’s Bitcoin adoption
In particular, BlackRock’s Spot Bitcoin ETF, IBIT, continued to draw considerable capital and registered $ 356.2 million in inflow on 9 May, per Distant investors.
The fund has now reflected 19 consecutive days of inflow, the longest series this year, the growing confidence of large -scale investors when the Bullish Momentum of Bitcoin builds up.
Interestingly, the BlackRock Ibit has had an impressive 19-day intake streak since 14 April, which attracts more than $ 1.03 billion in the previous trade week.
This increase in institutional interest rates coincided with a volatile but pushy Bitcoin market, where it actively fluctuated between $ 83,152 and $ 103,000.
A remarkable turning point took place on April 23, when Bitcoin renovated the level of $ 90,000 and eventually broke $ 100,000 for the first time since 1 February on 8 May.
The current intake streak has already doubled Ibit’s previous 2025 record, a nine-day run around the inauguration of President Donald Trump in January, which indicates a stronger, more sustainable conviction among institutional players.
As an addition to the momentum, the sovereign interest also becomes intensifying, with worldwide entities the potential of Bitcoin increasingly active as strategically active.
Nations also come to Bitcoin
Moreover, Michael Bucella from Neoclassic Capital recently underline this evolving dynamic, with the emphasis on the resilience of Bitcoin and the growing relevance in wider macro discussions.
In a recent conversation With CNBC, Bucella noticed,
“The VAE, in addition to many other countries, buy Bitcoin as a reserve walk.”
This emphasizes how Bitcoin’s adoption story has won a remarkable momentum since Trump’s election victory.
Because the active is now stable above $ 100k marking, the regular integration feels more tangible than ever.
Following similar sentiments, Rifad Mahasneh, CEO of OKX Mena, too emphasized How sovereign wealth funds, in particular in regions such as the VAE, accelerate their involvement in digital assets.
He said,
I think the Central East region is clearly the home of many of the world’s leading sovereign funds. Most have looked at how they could enter this space in the most regulated and risk -controlled way. I think that when they evaluate access to the crypto space, each sovereign fund has its own policy and risk amount that they have to control. “
Therefore, since ETFs see that historical entry and nations explore strategic acceptance, it is clear that Bitcoin is no longer a peripheral device; It will be a core pillar in global financial conversations.