
#BTCInstitutionalDemand
About BTCInstitutionalDemand
SoSoValue data shows US spot BTC ETFs saw combined net outflows of ~$1.042B on Oct 30 and Nov 2, with total net assets falling to ~$98.1B. Corporate buying continued on a smaller scale: Strategy bought 811 BTC for $65.5M while repurchasing ~$208M in preferred shares. Strive added 124 BTC and first used SATS preferred shares carrying a 15% annual dividend to raise funds. With BTC trading around $77K-$80K, can institutional buying recover, and how might funding costs shape its next move?
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