More Investors Entering Through Bitcoin ETFs

Saylor noted that many of these trustees lack a “long-term, 10-year investor mindset.” As Bitcoin’s price surged, they saw it as an opportunity to secure liquidity, viewing it as a favorable exit point.

Saylor added that people who are less committed to the long-term have taken the exit opportunity, while a new class of investors is now joining the bandwagon through Bitcoin ETFs, etc.

Spot Bitcoin ETFs have once again seen strong inflows led by BlackRock iShares Bitcoin Trust (IBIT). Over the last 19 consecutive trading sessions, IBIT has seen net inflows to the tune of $5 billion, while taking total Bitcoin holdings to 625,000 BTC.

BlackRock has remained steadfast in its Bitcoin accumulation strategy since the ETF approval. It also highlights the growing institutional appetite for the asset class. For reference, inflows into IBIT have been giving Gold ETFs (GLD) a run for their money.