I keep seeing posts about how institutional investment in bitcoin is increasing and about how retail is not a significant enough volume to move the needle anymore.

If these two things are true (and please correct me if they are not) why is the price just crabbing sideways? What are the other market forces that are counteracting increased demand and the resulting price increases from the institutional adoption?

#asknostr

#bitcoin

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instituitonal investors probably buy bitcoin ETFs which may or may not be backed by real BTC.

Both of the other replies so far are true