Bitcoin faces a pivotal week as Fed minutes, Nvidia earnings, and fresh Binance stablecoin inflows test whether BTC can hold key support or slide toward $68,350.
Harvard University significantly reduced its exposure to BlackRocks spot Bitcoin ETF during the first quarter of 2026, while Abu Dhabi sovereign wealth fund Mubadala increased its investment, according to newly released SEC 13F filings. The filings reveal a growing divide among major institutions over long-term confidence in crypto investment products.
Strategy is doubling down on its Bitcoin-first strategy with a major $1.5 billion debt buyback plan.
Bitcoin touched $77,711 intraday before recovering to near $78,225, spending a second consecutive session under macro stress as US Treasury yields held near multi-month highs. The 10-year yield reached 4.599%, while the 30-year climbed 11.8 basis points to 5.131%, its highest level since May 2025.
Rising liquidity meets a fragile Bitcoin market.
Harvard exited its Ether ETF and cut IBIT holdings, while Abu Dhabi's Mubadala added Bitcoin ETF exposure and Dartmouth bought a Solana ETF.
Major institutional investors took sharply different approaches to cryptocurrency exposure during the first quarter of 2026, with Abu Dhabi sovereign wealth entities increasing or maintaining positions in BlackRock's spot Bitcoin ETF products while Harvard University's endowment aggressively reduced digital asset holdings amid market volatility.
Michael Saylor says Strategy may sell Bitcoin if needed, as dividends, a $1.5B note buyback and liquidity questions test its treasury model.
Bitcoin stalled after the Fed held rates steady on April 29, with fresh Middle East uncertainty pushing BTC briefly below $75,000.
Bitcoin retreated toward the $78,000–$79,000 zone last week as climbing Treasury yields and inflation worries created pressure on risk-sensitive assets. The upcoming days will determine whether this represents a temporary correction or signals the beginning of a more significant downturn.
The spot Bitcoin exchange-traded fund market experienced its most substantial weekly capital drain since January, marking the conclusion of a six-week period characterized by steady institutional accumulation. These investment vehicles shed precisely $1 billion during the five trading days ending May 15, 2026, based on SoSoValue tracking data.
BTC stalls near $79K as elevated leverage, weak institutional demand, and macro headwinds pressure the market.