$BTC

$BTC :Institutional Payment: Is it turning into a new upward driver?

The first half of the year witnessed a notable institutional momentum, highlighted by strong inflows into approved spot ETFs in the United States and Europe. Data from 'Grayscale' and 'BlackRock' indicated that large institutional portfolios have begun treating Bitcoin as a long-term hedging asset, rather than just a speculative tool.

On the other hand, several central banks, such as the Monetary Authority of Singapore and the Swiss National Bank, have announced field experiments to use Bitcoin as part of hedging tools in scenarios of high inflation.