Part 1 Beginner Why long-term crypto holders borrow against assets instead of selling A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto Open guide 
Are institutions FOMOing back into Bitcoin?
Purpose Bitcoin ETF and hedge fund data seeing new inflows as Bitcoin surpasses $30k.
This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
Quick Take
- As Bitcoin climbed to over $30,000 this week, was this the impetus for hedge funds and institutions to return?
- Bitcoin, now being double the cycle low, with no intervention of central banks or the need for swap lines, showed how robust the network truly is.
- According to Deutsche Digital Assets, as Bitcoin surpassed the $30k mark, they saw a positive relationship with hedge funds entering Bitcoin and the price surpassing $30,000.
- Glassnode data also shows that the Purpose Bitcoin ETF has seen positive flows since the SVB collapse in mid-march. At the same time, flows rose when the price crossed $30,000.
Market Cap $1.59T
24H Volume $33.08B
