Anchorage Digital receives $405M in Bitcoin from major institutions in sign of renewed accumulation

The recent $405 million Bitcoin inflow to Anchorage Digital reflects a growing institutional confidence in cryptocurrencies, aligning with broader market trends. As institutions accumulate Bitcoin, it signals a potential shift towards more regulated digital assets, as seen in BNY's new reserve fund aimed at enhancing digital liquidity. Additionally, the SEC's expedited process for crypto ETFs, like Bitwise's spot XRP ETF, could further stimulate market competition and investor options, reinforcing the positive sentiment surrounding institutional investments in the crypto space.