The Bitcoin halving countdown is 5 days away, with less than 1,000 blocks left, and institutional investors are getting closer to the halving. After Bitcoin plummeted, ETF holdings were exposed, institutional demand became a new driving force, and risks and opportunities coexisted before the halving! ! !

Unlike previous Bitcoin halvings, institutional demand is new.

BlackRock's IBIT and Fidelity's FBTC ETF top the group.

BitMEX Research reported that the two spot ETFs held 405,749 BTC as of the end of trading on April 12.

The upcoming Bitcoin halving indicates that Bitcoin price will likely continue to grow in the coming months.

After the halving in the first half of 2012, Bitcoin gained nearly 7,000%. In the months following the July 2016 halving, the price increased by 3000%. In the months following the May 2020 halving, the price increased by approximately 1000%.

According to IntoTheBlock, the upcoming halving is different from previous halvings. Unlike the previous three halvings, the current spot Bitcoin ETF provides “new sources of demand from the institutional sector.” If there is another halving, Bitcoin may storm 100,000.