Morgan Stanley Fueling Bitcoin Inflows Amid $65K Struggle
Institutional demand for Bitcoin has picked up pace, with Morgan Stanley's Bitcoin Trust crossing $400 million in cumulative inflows.
This is part of a larger trend of growing institutional interest in Bitcoin, as U.S. Spot Bitcoin ETFs have recorded $51.83 billion in cumulative net inflows.
However, despite these encouraging signs, the market remains uneven, with funds registering approximately $240 million in daily outflows.
Bitcoin's price has been struggling to break above the psychological $65,000 level, leaving investors questioning whether institutional demand can provide enough fuel for a recovery.