Institutional money floods Bitcoin – $2.7B inflows lead the charge!

Key Points

1. Institutional inflows into crypto reached $3.7 billion last week, pushing total assets under management (AuM) to a record $211 billion, with Bitcoin accounting for $2.7 billion of the total.

2. Grayscale Investments has confidentially filed for an IPO, signaling traditional finance's continued interest in crypto, while Vanguard acquired a significant stake in MicroStrategy, a major Bitcoin holder.

3. China's Q2 GDP growth of 5.2% exceeded expectations, but weak consumer demand and falling property investment suggest further stimulus may be needed, which historically correlates with Bitcoin price surges.

4. Germany sold 50,000 BTC in 2024 for $3.13 billion, a move that now appears costly as Bitcoin's price has since doubled.

5. Despite institutional inflows, market dynamics remain complex due to contrasting economic policies and liquidity conditions in major economies like China and Germany.