BlackRock just moved another 4,917 $BTC (~$301M) to Coinbase Prime this week. Weekly total now exceeds 20,000 $BTC.
At this scale, we're past the "institutional adoption thesis" stage. This is no longer a prediction or a narrative to trade on — it's simply the current market structure. The infrastructure is live, the flows are real, and the capital allocation is happening in size.
What matters now: 1) How sticky is this capital? 2) What happens when these institutions start rebalancing or taking profits? 3) Are we seeing similar momentum in ETH or other assets, or is $BTC still the only institutional-grade entry point?
At this scale, we're past the "institutional adoption thesis" stage. This is no longer a prediction or a narrative to trade on — it's simply the current market structure. The infrastructure is live, the flows are real, and the capital allocation is happening in size.
What matters now: 1) How sticky is this capital? 2) What happens when these institutions start rebalancing or taking profits? 3) Are we seeing similar momentum in ETH or other assets, or is $BTC still the only institutional-grade entry point?