Bitcoin News: Metaplanet, 21 Capital, Exchange Reserves

It is time to look at the latest noteworthy Bitcoin news now that the markets have recovered significantly as tariff wars cool down. Institutional activity is back on the limelight with a new major player and Bitcoin supply is down to noteworthy levels.

Institutional activity was on the rise with our previous Bitcoin news revealing robust liquidity. Especially from ETFs which accumulated over $2.2 billion worth of Bitcoin in the first half of this week.

Bitcoin reverends such as Strategy’s Michael Saylor are now preaching even higher predictions. Meanwhile, strategy’s Japanese equivalent Metaplanet has announced a major Bitcoin related milestone.

The company confirmed a recent purchase through which it added 145 BTC to its holding. Metaplanet’s Bitcoin holdings are now at 5,000, which means it has now reached halfway through its plan to purchase 10,000 BTC before the end of 2025.

21 Capital Makes top Bitcoin news With Unique Strategy

Back in the west, the intuitional race for Bitcoin continues to heat up with 21 Capital turning up the heat. The company aims to follow a strategy similar to the likes of Strategy and BlackRock, where investors buy shares and the proceeds of those shares are used to purchase Bitcoin.

21 Capital CEO Jack Mallers recently revealed further details about his company’s role in building business around Bitcoin. One of the most notable observations regarding the interview was that Mallers made a clear distinction between ETFs and his company’s approach to Bitcoin as a business with products around it.

While this raises more questions about how it plans to do so, it also highlights a public approach which could potentially attract institutional and individual investments towards gaining more exposure to the cryptocurrency.

If successful, 21 Capital could be on track to compete for investors with the likes of Strategy. On the plus side, it highlights the fact that more institutions are pushing aggressively in favor of Bitcoin. This underscores the accelerating pace of institutional demand.

Bitcoin Exchange Reserves Drop to Five-Year Lows

There is no doubt that intuitional demand played a massive role in Bitcoin’s bounce back above $90,000. This created a rough idea of how the state of demand flooding back especially after the sell pressure that previously prevailed due to tariffs. However, it is the level of outflows from exchanges that offered a much clearer picture.

Bitcoin exchange outflows recently dropped to 2.53 million BTC. The last time that Bitcoin exchange reserves were that low was in November 2018.

Bitcoin exchange reserves are now at their lowest levels so far this year. An important observation which highlights just how aggressive the latest demand surge was.

The exchange reserves confirm that market confidence among Bitcoin holders made a strong comeback. This observation was also supported by the rising demand for Bitcoin in the derivatives market.

Bitcoin open interest bounced back strong as tariff pressures cooled down. It was also accompanied by a spike in open interest to new historic highs on Tuesday.

Open interest and estimated leverage ratio pulled back slightly in the last 2 days as short term profit-taking surged. Also, the market is still waiting to see how things will turn out between China and the U.S.

The outcome between the two could determine whether investor confidence will surge or retreat. It is also worth noting that the markets still have to contend with the potential economic aftermath which could include a deflationary situation.

The economic conditions may determine how liquidity will flow and therefore influence investor behavior. This means the price of Bitcoin could still be heavily influenced by the unfolding events in the coming week.

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