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Bitcoin ETFs, Corporate Buyers Are Quietly Stabilizing BTC Prices: Analyst

The price of Bitcoin (BTC) has weathered multiple storms this year, yet it remains stubbornly stable in the mid-$80,000 range. According to Bloomberg ETF analyst Eric Balchunas, the resilience comes from a shift in ownership: institutional investors and corporate giants like Strategy are now the main buyers, soaking up supply that once rattled retail-dominated markets. Strong Hands Replacing Weak Ones Balchunas took to X on Wednesday, highlighting that inflows into spot Bitcoin ETFs, particularly BlackRock’s iShares Bitcoin Trust (IBIT), have remained strong in 2025 despite broader macroeconomic pressure and intermittent price dips. With $2.4 billion in year-to-date inflows, IBIT now ranks in the top 1% of all ETFs. He argued that ETF holders and corporate buyers are proving to be “stronger hands” than the speculative traders of the past: “Impressive and IMO helps explain why btc’s price has been relatively stable: bc its owners are more stable.” While some ETFs like Fidelity’s FBTC and Grayscale’s GBTC recorded modest outflows over the past month, IBIT led the pack with inflows of $406 million in the last 30 days. Even during choppy weeks, daily flows remained mostly positive, showing that institutional interest hasn’t gone down despite price corrections. The accumulation extends beyond ETFs. Recent on-chain data from CryptoQuant shows that holders of 1,000 to 10,000 BTC have been “ buying like never before ,” aggressively accumulating since mid-February. That trend accelerated through March and into April, even as Bitcoin prices retreated from their all-time high reached in early 2025. Corporate buying has also reached record levels , with a recent Bitwise report indicating that Q1 2025 had registered the most ever acquisitions of Bitcoin by public companies, numbering 95,431 BTC. At the forefront of this accumulation was Strategy, whose latest purchase of 3,459 BTC for nearly $286 million pushed its holdings to a staggering 531,644 BTC bought at an average cost of $67,556. Price Action Currently, the number one cryptocurrency is trading at $84,400, a modest 0.9% uptick in 24 hours. It’s a 3.6% increase over seven days, meaning it is underperforming the broader crypto market, which went up 5% in that time frame. Nonetheless, BTC has barely budged across longer time frames, making gains of less than 1% across the last two weeks, and a mere 1.4% over the past month, giving more credence to Balchunas’ thesis. The post Bitcoin ETFs, Corporate Buyers Are Quietly Stabilizing BTC Prices: Analyst appeared first on CryptoPotato .

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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Peter Schiff: Bitcoin a ‘Fraud,’ Strategy Will Probably Go ‘Bankrupt’

The foreign equities and gold bug investor with over a billion dollars in assets under management took a big swipe at Bitcoin and Michael Saylor’s BTC-accumulating finance company, formerly named MicroStrategy. He said Strategy will go bankrupt over Bitcoin. But if this is reverse psychology, it must be working on Saylor. His company still hasn’t stopped racing other firms for more BTC in whale-sized bites. Peter Schiff Pulls No Punches on BTC in X Spaces Gag To start off the program , Schiff said Bitcoin’s promoters sold it as a kind of digital gold, but it hasn’t performed like the precious metal at all, so the “marketing” was a “fraud.” “The idea that it’s digital gold has been destroyed because it trades nothing like gold. It’s just some kind of risk asset.” But, Bitcoin’s promoters did not say it would perform as an investment with ROIs like gold. They said it is similar in its economic properties to the metal because of its limited supply and the difficulty and cost of securing it. While it is true that Bitcoin’s price lately has not traded like gold, that’s because over timescales very relevant to individual investors it has performed fantastically better than the yellow metal. Bitcoin vs. Gold ROIs 2009-10 to Present INSIGHT: Gold’s growth is strong, but Bitcoin’s massive gains can’t be ignored. Gold just hit a new ATH of $3,310, while Bitcoin is consolidating. But when we zoom out, BTC’s epic rise far outpaces gold’s performance. What’s your prediction? pic.twitter.com/1OkHGXltp5 — Coin Bureau (@coinbureau) April 16, 2025 Some fraud that would be to explain to a judge: Sorry, we told the litigant that the product was like an instrument that delivered 230% ROI in 16 years since 2009, and it only delivered 2.82 billion percent since 2010 . On the X podcast, Schiff asked: “What purpose does Bitcoin serve? We got plenty of risk assets out there. It’s a super risk asset that’s going to go up faster than other risk assets. Based on what?” He added, “At least a tech stock- there’s the story there of future earnings that could materialize, you’re buying a business that could earn money.” Bitcoin provides a banking service, which is traditionally a very profitable, high-growth business because everyone needs it every day in a market economy. Moreover, Bitcoin does so in a way that is simple and fundamentally useful. It is proven to work reliably, fairly, transparently, and easily for anyone to use. Bitcoin’s price was up 36% over the trailing 12 months in mid-April. The post Peter Schiff: Bitcoin a ‘Fraud,’ Strategy Will Probably Go ‘Bankrupt’ appeared first on CryptoPotato . Crypto Potato