Bitcoin’s Institutional Interest Grows Amid Concerns Over Centralization and Market Vulnerability

Key Points

1. Bitcoin's price increased by 2.53% in 24 hours, reaching $121,278, driven by institutional interest, particularly through ETFs.

2. Analysts, including Willy Woo, express concerns about centralization risks from ETF and corporate holdings, which could destabilize the market.

3. Spot Bitcoin ETFs contributed to record inflows, with $403.9 million noted on August 8, reflecting steady institutional demand.

4. Fidelity Digital Assets reported a significant rise in public companies holding over 1,000 BTC, from 24 in Q1 2025 to 35 in Q3, the steepest quarterly increase on record.

5. Bitcoin treasury holdings grew from 1.2 million BTC in 2024 to over 1.86 million BTC in August, raising concerns about market fragility and potential liquidity issues.