Coinbase Anticipates Bitcoin Boost from Institutional Buys

In a recent report from Coinbase, analysts have identified a range of factors they believe will support the price of Bitcoin in the forthcoming months. According to the cryptocurrency exchange’s weekly analysis, the adaptation to the new exchange-traded fund (ETF) landscape by institutional investors is expected to maintain a robust foundation for Bitcoin’s market dynamics. This comes as the digital currency landscape witnesses significant net inflows into U.S. spot Bitcoin ETFs, indicating a growing institutional interest that could be pivotal in shaping Bitcoin’s value trajectory.