The relentless buying is largely facilitated by the "institutionalization" of Bitcoin. Unlike previous cycles fueled by retail FOMO, the current momentum is anchored by regulated spot ETFs and corporate treasury demand.
Even during the February 2026 drawdown, where Bitcoin's price fell 52% from its previous high, whales absorbed —the largest such inflow since 2022.
BlackRock's iShares Bitcoin Trust now holds approximately 803,000 BTC , representing nearly half of the U.S. spot ETF market.
The relentless buying is largely facilitated by the "institutionalization" of Bitcoin. Unlike previous cycles fueled by retail FOMO, the current momentum is anchored by regulated spot ETFs and corporate treasury demand.
Even during the February 2026 drawdown, where Bitcoin's price fell 52% from its previous high, whales absorbed —the largest such inflow since 2022. The Bitcoin Whales Won’t Stop Buying
BlackRock's iShares Bitcoin Trust now holds approximately 803,000 BTC , representing nearly half of the U.S. spot ETF market. The relentless buying is largely facilitated by the