Bitcoin (BTC) broke above $80,000 on Monday for the first time in three months, with institutional buying and inflows into exchange-traded funds (ETFs) driving a new wave of bullish momentum. ETF issuers bought approximately $630 million in BTC in a single day, according to Arkham Intelligence data, surpassing the total net inflows for the entire prior week. BlackRock’s iShares Bitcoin Trust ETF (IBIT) was the biggest buyer with $284.4 million, followed by Fidelity with $213.4 million and ARK Invest with $88.5 million. Analysts claim this level of accumulation is starting to outpace Bitcoin's natural supply dynamics. ... (full story)