Bitcoin shows strong correlation with institutional demand following 7% uptick

Bitcoin's price has largely tracked net institutional demand over the past year, according to Bitwise. Net institutional demand is the buying activity of global exchange-traded products (ETPs) and treasury companies minus new supply. source: https://www.fxstreet.com/cryptocurrencies/news/bitcoin-shows-strong-correlation-with-institutional-demand-following-7-uptick-202601150032