Institutional demand remains extremely strong. BlackRock’s iShares Bitcoin Trust (IBIT) now holds ~700,439 BTC (≈$75B), more than any other U.S. spot crypto fund. IBIT has been accumulating roughly 40,000 BTC per month – on pace to rival Satoshi Nakamoto’s stash by mid-2026. This buying pace dwarfs new supply (only $238M) this week (total 15,555 BTC). New vehicles are also forming: ReserveOne (via a SPAC merger) plans a $1 billion fund to hold BTC, ETH, SOL, etc., focusing on staking yield. Combined ETF + treasury purchases far exceed mining output, underscoring robust institutional buying.$BTC #BTC #ETH #solana