Institutional Investors Flock Back to Bitcoin Amid Geopolitical Tensions
Bitcoin's price surge has been accompanied by a significant shift in investor behavior, with institutional investors cautiously returning to the market. According to data from Glassnode, Bitcoin ETFs have seen net inflows of over $1.1 billion since the Iran conflict started, marking a reversal of weeks-long outflows.
This trend is expected to continue as the price of Bitcoin has reclaimed $70,000, and analysts suggest that institutions are re-accumulating the cryptocurrency during rising geopolitical tensions.