In 2025, Bitcoin's price shows little significant growth despite inflows from investment vehicles like ETFs and institutional buyers. Experts point to a variety of factors influencing this situation.
Impact of ETFs on Bitcoin
The volume of Bitcoin purchases through ETFs since the beginning of 2025 has reached around 100,000 BTC, but the price has not reacted as expected. Some purchases are made not only by institutional investors but also by high-net-worth individuals. This can influence long-term trends but has not significantly affected short-term price fluctuations.
Role of Corporate Treasuries
Corporate treasuries are aggressively accumulating Bitcoin, as evidenced by Strategy's increase from 528,000 BTC to 592,000 BTC this year. In 2025, treasuries collectively hold more than 823,000 BTC. Despite this, sharp price spikes reminiscent of the past seem unlikely in the current market environment. Additionally, sales from long-term holders, who have released about 240,000 BTC into the market in three months, influence Bitcoin's momentum.
Prospects for Price Trends
Recent data indicates a decline in long-term investor sales, which could signal potential price growth. Should institutional interest remain and retail enthusiasm revive, the market could witness accelerated growth. As Matt Crosby from Bitcoin Magazine stated: "If long-term investor sales dwindle while institutional purchases endure, a new Bitcoin rally may emerge."
Thus, while ongoing inflows from ETFs and institutional investors provide steady support to Bitcoin, sales from long-term holders and the growing derivatives market impede significant short-term price rises. If, however, sales decrease and demand increases, we may observe modest price fluctuations in the future.
