Bitcoin Holds Steady Amidst Institutional Boost for ETFs

Despite recent volatility in the cryptocurrency market, Bitcoin (BTC) has remained relatively stable above $104,000. This stability is primarily fueled by increased investment from institutional investors, as evidenced by record-breaking inflows into Bitcoin exchange-traded funds (ETFs). According to Bloomberg, net inflows into Bitcoin ETFs reached a staggering $40.33 billion in April 2025. This surge highlights significant institutional interest in the cryptocurrency market and suggests favorable market conditions.