Wall Street Heavyweights Are Now BTC Whales: Is Bitcoin Losing Its Soul?
Summary
The SEC approved the first spot Bitcoin ETFs, leading to retail investors selling and institutions buying. Small holders sold over 25,000 BTC in a month, while issuers like Blackrock and Fidelity bought over 53,000 BTC. Analysts attribute this to issuers accumulating while management fees are low. Gabor Gurbacs suggests that whales prefer regulated ETFs to control private keys. HODL15Capital warns that institutional dominance could undermine Bitcoin's decentralized vision.
