Tether has significantly bolstered its Bitcoin reserves, adding 27,700 BTC in the last year, surpassing many Bitcoin ETFs. This accumulation is strategically directed by CEO Paolo Ardoino and indicates growing institutional confidence in Bitcoin. 27,700 BTC represents a significant achievement for Tether as it now surpasses most spot Bitcoin ETFs, including top issuers like BlackRock, in terms of accumulated reserves. 19,800 BTC were allocated to Twenty One Capital and 7,900 BTC was added to USDT reserves, highlighting Tether’s commitment to a diversified reserve strategy. The move signifies a shift towards institutional-driven liquidity within the crypto market, potentially influencing Bitcoin dynamics.