Analyst: Bitcoin may hit a historic high due to corporate accumulation and ETF fund inflows

Odaily Planet Daily News: According to Bernstein analysts, Bitcoin may soon reach a new historical high due to the increase in corporate accumulation and ETF fund inflows. Analysts point out that the current demand and supply dynamics of Bitcoin make it difficult to be bearish on this asset. Recently, SoftBank, Tether, Bitfinex, and Cantor Fitzgerald jointly launched a new Bitcoin enterprise vault project called Twenty One Capital, which is expected to initially hold 42000 BTC. Analysts predict that as companies and ETFs continue to accumulate, Bitcoin may break through the current price range and reach new highs. （The Block）