Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9.

On May 13, Coinbase saw 9,739 Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” rel=”null” target=”null” text=”null” title=”null”>BTC), worth more than $1 billion, withdrawn from the exchange — the highest net outflow recorded in 2025, according to Bitwise head of European research André Dragosch.

“Institutional appetite for bitcoin is accelerating,” Dragosch added in a May 13 X data-ct-non-breakable=”null” href=”https://x.com/Andre_Dragosch/status/1922219593252102549″ rel=”null” target=”null” text=”null” title=”https://x.com/Andre_Dragosch/status/1922219593252102549″>post.

Related: data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/gdc-crypto-treasury-trump-token-300m-raise” rel=”null” target=”null” text=”null” title=”null”>Nasdaq-listed GDC plans to buy Bitcoin and…

Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9.

On May 13, Coinbase saw 9,739 Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” rel=”null” target=”null” text=”null” title=”null”>BTC), worth more than $1 billion, withdrawn from the exchange — the highest net outflow recorded in 2025, according to Bitwise head of European research André Dragosch.

“Institutional appetite for bitcoin is accelerating,” Dragosch added in a May 13 X data-ct-non-breakable=”null” href=”https://x.com/Andre_Dragosch/status/1922219593252102549″ rel=”null” target=”null” text=”null” title=”https://x.com/Andre_Dragosch/status/1922219593252102549″>post.

Related: data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/gdc-crypto-treasury-trump-token-300m-raise” rel=”null” target=”null” text=”null” title=”null”>Nasdaq-listed GDC plans to buy Bitcoin and…