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Bitcoin Hits $100K Amid Rising Institutional Demand

Key Takeaways

  • Bitcoin (BTC) surpasses the 100,000 USD mark for the first time since February 2025.
  • BlackRock’s Bitcoin ETF IBIT records over 1 billion USD in inflows within a single week.
  • State actors such as the United Arab Emirates (UAE) are purchasing Bitcoin as a reserve asset.
  • Institutional investors are showing growing confidence in Bitcoin as a strategic asset.

Bitcoin Breaks the $100,000 Mark

Bitcoin is currently trading at around 103,500 USD, marking a new yearly high for the cryptocurrency. The price trend remains positive: over the past seven days, Bitcoin has gained nearly 8%. This increase is not only psychologically significant but also a signal of growing institutional interest.

BlackRock’s IBIT ETF Attracts Billions in Capital

BlackRock’s spot Bitcoin ETF, IBIT, recorded a daily inflow of 356.2 million USD on May 9, 2025. Since April 14, the fund has maintained a streak of 19 consecutive days of net inflows. In total, more than 1.03 billion USD flowed into the ETF over the past trading week — a new record for 2025.

This development points to increasing conviction among institutional investors. The previous record — a nine-day inflow streak in January around Donald Trump’s inauguration — has now been clearly surpassed.

State Actors Discover Bitcoin as a Reserve Asset

It’s not just private and institutional investors turning to Bitcoin. State actors like the United Arab Emirates (UAE) are also increasingly entering the market. According to Michael Bucella of Neoclassic Capital, countries are purchasing Bitcoin as a strategic reserve.

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Rifad Mahasneh, CEO of OKX MENA, emphasizes that many of the world’s largest sovereign wealth funds are based in the Middle East. These funds are currently exploring regulated pathways to invest in digital assets. Individual risk parameters and internal policies play a key role in this process.

Bitcoin Becomes a Global Financial Topic

The combination of institutional inflows and government interest shows that Bitcoin is evolving from a niche product into a recognized component of global financial strategies. Its integration into the portfolios of major players underscores the growing importance of the cryptocurrency as a store of value and hedge against inflation.

Our Assessment

The recent developments surrounding Bitcoin and BlackRock’s IBIT ETF indicate a clear trend: more and more major market participants — both private and public — view Bitcoin as a serious asset. The United Arab Emirates is positioning itself as a pioneer among nations in this regard.

If you’re interested in cryptocurrencies, it’s worth closely monitoring this dynamic. The growing institutional and governmental acceptance could lead to greater long-term stability and trust in the market. At the same time, the market environment remains volatile — a well-informed approach to opportunities and risks is therefore essential.

Casinos: 53
Profile Bitcoin
Symbol BTC
Coin type Alt Coin
Transaction Speed Slow
Pros
  • First cryptocurrency, therefore very widespread
  • Largest selection of casinos among the coins
  • Many BTC based bonus offers
Cons
  • Fairly low transaction speed
Further practical applications
Price 104137
24h % 0.90 %
7d % 8.57 %
30d % 30.06 %
60d % 25.02 %
1y % 71.11 %
Market Cap $2,070,158,007,649.00
Max. Supply 21,000,000.00
Official Links
Socials Reddit | X | Message Board
Best 3 Bitcoin casinos

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Last update: May 11, 2025

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