Bitcoin Trades Above ETF Cost Basis as Institutional Demand Surges

Bitcoin's price has held firm above $86,207, up 1.18% in the last 24 hours, with a market capitalization of $1.73 trillion and $41.9 billion in 24-hour trading volume.

The institutional demand through regulated vehicles is accelerating at a pace not seen in recent weeks, reinforcing Bitcoin's positioning in a structurally bid environment.

US spot Bitcoin ETFs collectively absorbed $1.7 billion in net inflows over a two-day window, according to Whale Alert. This represents one of the most aggressive short-window institutional absorption rates in the ETF product's history since its January 2024 approval.