#TradeStories
btc market is going to pump continuously
Metaplanet’s Bitcoin holdings have reached 5,555 BTC with the latest addition of 555 BTC, as the company reports a year-to-date BTC yield of 136.7%
Metaplanet has extended its aggressive Bitcoin (BTC) accumulation strategy with today’s purchase of additional 555 BTC for approximately $54.4 million, acquired at an average price of $96,134 per coin, according to CEO Simon Gerovich, who announced the news on X.
Bitcoin ETF trading volume surged to $2.8 billion on May 3, 2025, highlighting increased institutional interest in the cryptocurrency market.
The surge in Bitcoin ETF volume underscores the growing integration of Bitcoin with traditional finance, influencing both market strategies and asset valuation.
Spot Bitcoin ETF Volume
Spot Bitcoin ETF volume exceeded $2.8 billion, driven by institutional demand and regulatory acceptance. BlackRock's iShares Bitcoin Trust recorded substantial inflows, mirroring a maturation in the market. Eric Balchunas, Senior ETF Analyst at Bloomberg, noted,
It's possible, especially if IBIT begins to attract more capital than VOO, but this would necessitate inflows significantly exceeding $1 billion daily—more realistically in the neighborhood of $3 to $4 billion each day, to make headway. In summary, extraordinary circumstances would need to unfold, but it is feasible.
Key Players and Future Prospects
The key players include BlackRock's iShares, leading with $1.3 billion inflows. Michael Saylor of MicroStrategy predicts its future dominance, requiring extensive market shifts.
Increased Bitcoin ETF Activity
Increased Bitcoin ETF activity correlates with a 30% boost in BTC/USD trading, showcasing the influence of regulated investment vehicles. This phenomenon is echoed by a report from CryptoMichNL on cryptocurrency trends.