Bitcoins <\/p>\n
Bitcoin <\/a>(BTC) climbed to US$74,509 (AU$113,999), extending a three-week recovery from its February low as institutional demand returned to the market.<\/p>\n According to a Bloomberg report<\/a>, US-listed spot Bitcoin exchange-traded funds recorded US$767 million (AU$1.17 billion) in net inflows for the week ending March 13, marking a third straight week of gains and the first such run in five months.\u00a0<\/p>\n BlackRock\u2019s IBIT led with US$600.1 million (AU$918.15 million), while Grayscale\u2019s GBTC posted US$25.9 million (AU$39.63 million) in outflows. The rebound follows a period in late 2025 and early 2026 when more than US$4 billion (AU$6.12 billion) left spot Bitcoin funds.<\/p>\n Across all digital asset investment products, weekly inflows reached US$1.06 billion (AU$1.62 billion) by March 14. Bitcoin accounted for US$793 million (AU$1.21 billion), or about three-quarters of the total.\u00a0<\/p>\n Unsurprisingly, the United States represented 96% of all inflows.<\/p>\n Related: Investors Accuse JPMorgan of Facilitating $328M Crypto Fraud<\/a><\/strong><\/p>\n Corporate buyers also continued adding to their holdings and a recent example is Strategy, which bought 22,237 BTC for US$1.57 billion (AU$2.40 billion) last week, taking its treasury above 761,000 BTC.\u00a0<\/p>\n In Japan, Metaplanet<\/a> is not falling behind, raising US$255 million (AU$390.15 million) through a private placement to fund additional purchases, with potential proceeds rising to US$531 million (AU$812.43 million) if warrants are exercised.\u00a0<\/p>\n The company said the new capital would support its goal of reaching 210,000 BTC by the end of 2027.<\/p>\n Moreover, Bitfinex analysts said<\/a> institutional buyers are now absorbing nearly five times the amount of Bitcoin produced daily by miners. Keep in mind over 47,000 BTC, valued at about US$3.2 billion (AU$4.90 billion), were withdrawn from centralised exchanges over the past week, a pattern often associated with longer-term holding.<\/p>\n Still, part of the recent advance appears to be evidently driven by leverage.\u00a0<\/p>\n CoinShares research head James Butterfill said investors have recently treated Bitcoin as a relative safe haven during market stress. That view could face a major test when the Federal Reserve announces its next interest rate decision on March 18.<\/p>\nCorporate Treasuries Keep Accumulating<\/h2>\n