"Institutions Accumulate 3.3% of Bitcoin in Three Weeks"

Institutional entities, including BlackRock, have accumulated approximately 3.3% of Bitcoin's current supply through recently approved Bitcoin ETFs, despite initial expectations of a price surge post-approval. The upcoming Bitcoin halving in April, which reduces the rate of new Bitcoin creation, is also a topic of speculation within the crypto industry. The Chair of the SEC, Gary Gensler, expressed concerns about the approval of spot Bitcoin ETFs, citing potential centralization and increased market volatility.