Bitcoin's market dynamics have shifted significantly, with institutional ownership now playing a pivotal role. Spot Bitcoin ETFs collectively hold over 1 million BTC, reflecting a substantial increase in institutional investment. Daily inflows into these ETFs range from $300 to $500 million, underscoring the growing interest from large-scale investors. This trend marks a departure from Bitcoin's retail-driven past, as more than half of the world's leading asset managers now have indirect exposure to Bitcoin through ETFs. This shift highlights a broader global adoption of Bitcoin, driven by institutional capital and signaling a new era in the cryptocurrency's market evolution.