Bitcoin – Institutional Interest Strengthening
JPMorgan states that institutional funds through ETFs & stocks like MicroStrategy have reached $50 billion, providing indirect exposure to #BTC.
CoinShares recorded weekly inflows into Bitcoin products reaching $1.1 billion, indicating strong institutional buying activity.
The options expiry for #BTC on June 27 is expected to be an important catalyst towards $108K–$110K in the coming days.