According to industry expert Anthony Pompliano, Wall Street is purchasing Bitcoin at a rate that is 12.5 times higher than its daily production. The ongoing increase in accumulation suggests that large investors are increasingly confident in the future of cryptocurrency, fueled by upcoming events like the “halving” and approval of ETFs. In other news, Bitcoin has risen to become the 10th largest asset globally, surpassing Berkshire Hathaway and JPMorgan. Picture creating cash, and then reducing production by fifty percent. In essence, this is what occurs during Bitcoin’s halving event, which is planned for April 2024. Every four years, the amount of new Bitcoins that can be mined is reduced, leading to a gradual decrease in the overall supply until it reaches a set limit of 21 million. Institutions are attracted to Bitcoin’s built-in scarcity because they expect prices to increase due to high demand surpassing limited supply. Wall Street has a strong liking for Bitcoin. Cependant, ce ne sont pas seulement les ETF. Investment companies such as ARK Invest and VanEck are cautiously entering the market, together acquiring more than 174,000 units of BTC.