#StrategyBTCPurchase

What is an ETF: it is an exchange-traded fund that replicates the price of Bitcoin.

Bitcoin ETFs have maintained consecutive inflows for 14 days with a total of 3 billion dollars while the price of BTC remains stable around 107,000 dollars. Institutional investors contributed 2.214 billion dollars in weekly net inflows, led by BlackRock's IBIT and Fidelity's FBTC with daily averages of 163.7 million and 32.9 million dollars respectively.Key Factors

• Regulatory momentum: The evolving stance of the SEC and ETF approvals in Hong Kong

• Institutional adoption: BlackRock and Fidelity dominating flows; Calamos launching three Bitcoin ETFs

• Supply reduction: ETFs have absorbed 124,000 BTC since April (approximately 1,430 BTC daily)