Public firms and exchange-traded funds (ETFs) have acquired Bitcoin (BTC) value tens of billions of {dollars} in simply three months, in keeping with the founding father of The Kobeissi Letter, Adam Kobeissi.
The macro analyst tells the 938,700 followers of The Kobeissi Letter on the social media platform X that the company demand for Bitcoin is “extremely robust.”
In line with Kobeissi, public firms and ETFs acquired a mixed 242,766 BTC within the quarter that ended on June thirtieth.
“Public firms bought 131,355 Bitcoins in Q2 2025, rising holdings by +18%, in keeping with Bitcoin Treasuries knowledge.
Moreover, ETFs acquired 111,411 BTC, posting an +8% rise throughout the identical interval.
This marks the third consecutive quarter by which firms have purchased extra Bitcoin than ETFs.
12 months-to-date, public firms have bought 237,664 Bitcoin…
Now, public firms maintain ~855,000 Bitcoin, or ~4% of the entire provide.
Company demand for Bitcoin is extremely robust.”
As firms and ETFs gobble up Bitcoin at a speedy tempo, the pseudonymous crypto analyst and dealer, DonAlt, is warning traders that he doesn’t see the buildup ending properly for BTC.
However for now, he notes that it is likely to be a good suggestion to be cautiously bullish on Bitcoin.
“To me that is very clear, proper? Like this can be a clear sort of Ponzi/bubble forming. And it’s actually laborious to be bullish into that, proper? As a result of you already know like, ‘Hey, that is going to implode.’ Like you know the way that is going to finish. Everybody is aware of the way it’s going to finish. That has been round for a bit of bit.
The factor is that within the time that I’ve been in crypto, at any time when a bubble has shaped, that is whenever you really begin having plenty of enjoyable, proper? That is when stuff goes up infinitely in a really quick period of time. However you then additionally must get out actually rapidly.”
Bitcoin is buying and selling at $108,773 at time of writing.
Comply with us on X, Fb and Telegram
Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox
Test Value Motion
Surf The Every day Hodl Combine
 
Disclaimer: Opinions expressed at The Every day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any losses you could incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please word that The Every day Hodl participates in internet affiliate marketing.
Generated Picture: Midjourney