Bitcoin’s recent price surge stems from tightening supply on major exchanges and robust institutional investment, highlighted by Harvard University’s significant Bitcoin ETF allocation. Simultaneously, Japan’s cryptocurrency ETF market remains stalled due to regulatory complexities.
Analysts report diminishing sell-side liquidity on exchanges like Binance has intensified buying pressure on Bitcoin, suggesting demand is rapidly outpacing immediately available supply. In a landmark institutional endorsement, Harvard University invested approximately $116 million in BlackRock’s iShares Bitcoin Trust (IBIT), reflecting growing institutional trust in cryptocurrency as a strategic asset class.
Japan’s progression toward crypto ETFs faces explicit regulatory barriers, with financial conglomerate SBI Holdings confirming no plans to file Bitcoin ETF applications under current legal constraints. This regulatory impasse creates a stark divide between accelerating institutional adoption in markets such as the United States and Japan’s conservative stance, hindering its entry into the digital asset ETF arena.