Bitcoin (BTC) has surpassed the $90,000 mark for the first time since March 2025, and it has been observed by Lookonchain that there has been a great accumulation from major asset managers including Fidelity, BlackRock, ARK Invest, and Bitwise.
This increase has come at time when there is heightened volatility in traditional markets and growing investor appetite for decentralized assets, marking a significant moment for the cryptocurrency market.
At press time, BTC price stands at $91,061.33 with an uptick of 3.4% in the last 24 hours as per CoinGecko.
Institutional Inflows Reach Record Highs
From the recent data presented by Lookonchain, ETF flow records reveal that there has been a great accumulation trend among leading financial institutions:
Fidelity: The company has added about 306 BTC (which is approximately worth $27.5 million) to its ETF holdings in a single day. There also have been multiple large transfers into Fidelity FBTC ETF, with inflows of hundreds of BTC at a time.
BlackRock: The global asset manager has attracted $3 billion in net inflows into its crypto related products in Q1 2025, with its iShares Bitcoin ETF (IBIT) consistently receiving large BTC deposits from Coinbase Prime wallets, indicating strong interest from the investors.
ARK Invest: The company is aggressively buying BTC with the most recent transaction showing large inflows, indicating their trust in the long-term potential of the cryptocurrency.
Bitwise: Bitwise’s Bitcoin ETF (BITB) is seeing strong demand, with large BTC purchases, such as 450 BTC transactions, showing institutions are investing heavily.
Increased Bitcoin Accumulation Trend
On-chain analytics has also confirmed that the BTC Accumulation Trend Score has reached its highest level of this year which was around 0.34 as reported last week through Glassnode. The closer the metric’s value is to 1, the stronger is the accumulation. Even though this is not a high value but it indicates that the investors have started to buy BTC again. This is a positive trend and indicates potential for growth.
This price increase has come at a time when the U.S. stocks are struggling, and this proves that BTC is indeed a hedge against economic uncertainty. BTC has gained 9% in April and has outperformed traditional assets.
With institutional giants taking the charge and BTC’s return to the $90,000 mark is indicating a renewed confidence in the cryptocurrency. The cryptocurrency is set to take the centre stage as there is a possibility that with this new investor confidence, the price may hit a new all-time-high as the year progresses.
