some huge developments relating to Bitcoin institutional adoption. ๐ณ๐“๐ž๐ซ๐ฆ๐ข๐ง๐š๐ฅ catches headlines like these before your feed even wakes up.
hereโ€™s what happened: โ†’ Texas initiated a $5M purchase of BlackRockโ€™s IBIT, becoming the first US state to deploy a Bitcoin reserve under SB 21. โ†’ Bitcoin reclaimed $90,000 after wiping out $100M+ in short liquidations, showing strong momentum despite corporate selling and ETF outflows. โ†’ @JPMorgan filed Bitcoin-backed notes tied to BlackRockโ€™s ETF, offering up to 1.5x leverage and 16% returns by 2028, marking a major institutional milestone. institutional adoption isnโ€™t creeping in. itโ€™s ๐—ฎ๐—ฐ๐—ฐ๐—ฒ๐—น๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ป๐—ด.
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