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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On May 13, Coinbase saw 9,739 Bitcoin (BTC), worth more than $1 billion, withdrawn from the exchange — the highest net outflow recorded in 2025, according to Bitwise head of European research André Dragosch.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 post.
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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On May 13, Coinbase saw 9,739 Bitcoin (BTC), worth more than $1 billion, withdrawn from the exchange — the highest net outflow recorded in 2025, according to Bitwise head of European research André Dragosch.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 post.
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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