Institutions are still purchasing large amounts of Bitcoin this week, the 100,000 Bitcoin should arrive soon
According to statistics, U.S. ETFs purchased slightly over $1.1 billion worth of Bitcoin on Monday, with BlackRock disclosing an additional purchase of $756 million; Fidelity Investments increased its holdings by $135 million, and Ark Invest increased by $108 million; other investment institutions purchased approximately $100 million worth of Bitcoin.