Bitcoin (BTC) funds capture $700 million as institutions place their bets: Crypto Daily

May 11, 2026 - 12:45
Bitcoin (BTC) funds capture $700 million as institutions place their bets: Crypto Daily
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Institutional demand for crypto is real, and suggests there may be a sustained bitcoin BTC$81,101.08 price move above its pivotal 200-day simple moving average (SMA). Investors poured $858 million into crypto funds issued by asset managers like BlackRock and 21Shares...

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