Institutional Money Flows Into Bitcoin: A Deep Bullish Signal Is Forming
Amid a more stable global economy and continued institutional money inflows into the cryptocurrency market, Bitcoin is showing signs of a sustained bull run. According to the latest report from Bitfinex Alpha on May 13, Bitcoin’s realized cap has increased to $889 billion, marking a 2.1% increase in just 30 days.
Realized Cap Increase: A Reliable Indicator for Bullish Trend
Unlike traditional market capitalization (which is based on current price multiplied by total supply), realized cap values each Bitcoin by the price it was last moved. This reflects the level of real money entering the market, and according to experts, is a more accurate indicator of the underlying strength of the bullish trend.
The increase in realized capitalization shows that a large number of investors are buying and holding Bitcoin at higher prices, clearly demonstrating that long-term confidence in the asset is growing.
Strong Inflows From Spot ETFs
Adding to the positive picture is the net inflow into spot Bitcoin exchange-traded funds (ETFs) — which surpassed $920 million in the past two weeks alone. This shows that interest from large institutional investors remains strong, despite short-term market volatility.
Meanwhile, on-chain data shows that over 3 million BTC have returned to a profitable state, and the number of coins held at a loss has decreased significantly. Market sentiment has therefore improved significantly, reducing selling pressure and strengthening the bullish momentum.
Macro Landscape Supports Bitcoin to Shine
After a 32% correction from its year-to-date high, Bitcoin has rebounded strongly and reclaimed the $100,000 mark — for the first time in over three months. Analysts at Bitfinex attribute the rally to two key factors:
The easing of global trade tensions, particularly between the US and China.
A more dovish stance from the US Federal Reserve, which has eased pressure on risk assets.
While the stock market has also recovered, Bitcoin has outperformed, continuing to assert its position as a preferred safe-haven asset and store of value in the digital age.
Policy Still Divided, But States Move Step by Step
At the federal level, the Genius Act (FIT21) — a major crypto bill — just failed in the US Senate after a close vote, reflecting the long-standing divisions over regulating digital assets. However, at the state level, some areas like New Hampshire are making progress, enacting laws that allow public investment in digital assets, including Bitcoin.
Long-Term Signals Still Very Positive
Combining factors such as rising realized capitalization, strong institutional flows, positive on-chain data, and a favorable macro backdrop, analysts say the current rally has much deeper foundations than previous waves. Unlike past retail-led FOMO waves, the current push comes from institutional investors and real money flows, setting the stage for a long-term growth trend.
Conclusion: The Game is Turning to Institutions and the State
As institutional and institutional capital continues to grow steadily, Bitcoin is entering a new era of mainstream acceptance, which could pave the way for much higher prices in the future. With its increasingly solid financial foundation, Bitcoin’s current rally is no longer a short-term phenomenon, but a manifestation of a long-term maturation cycle.
