$BTC Institutional influence (e.g., BlackRock, Fidelity, MicroStrategy) has increased significantly. These players trade more conservatively and with larger time horizons, stabilizing volatility.

Spot Bitcoin ETFs have brought in steady capital flows. Since January 2024, U.S.-listed ETFs have amassed over $50 billion in inflows.

Regulatory clarity is improving, particularly in the U.S. and EU, reducing fear and uncertainty.

Correlation with gold and tech stocks suggests it’s now seen as both a macro hedge and a growth asset.