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    Home»Bitcoin»Wall Street Just Bet Half a Billion on BTC – And Ignored Ethereum and XRP Completely
    Bitcoin

    Wall Street Just Bet Half a Billion on BTC – And Ignored Ethereum and XRP Completely

    February 4, 20264 Mins Read


    Crypto Writer

    Arslan Butt

    Crypto Writer

    Arslan ButtVerified

    Part of the Team Since

    Sep 2022

    About Author

    Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis…

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    Last updated: 

    February 4, 2026

    Bitcoin Price Prediction: Cathie Wood Says the Bottom Might Be In

    Institutional capital in the cryptocurrency market is moving in different directions. While Bitcoin faces a tough 30-day drop, major Wall Street investors are buying the dip, putting more than $562 million into spot Bitcoin ETFs in just one day.

    This aggressive capital rotation comes at a time when Ethereum (ETH) and XRP are facing a selective “liquidity freeze,” with both assets struggling to attract similar institutional appetite amid a broader deleveraging event.

    Bitcoin (BTC) is trading around $76,275, down nearly 3% over the past day. Even with this short-term drop, the strong ETF inflows show that institutions see prices below $80,000 as a good opportunity to buy, not as a sign of a lasting bear market.

    The “LSE Whale” Arrives: Smarter Web Company Leads Corporate BTC Adoption

    While Wall Street leads the ETF story, the London Stock Exchange (LSE) just welcomed its biggest corporate Bitcoin holder. The Smarter Web Company, listed as SWC, is now on the LSE’s Main Market with a clear Bitcoin treasury plan.

    • SWC holds 2,674 BTC, making it the largest public Bitcoin company in Britain and the 29th largest in the world.
    • The company bought its Bitcoin at an average price of about $111,000 per BTC, showing strong long-term confidence even though current prices are much lower.
    • CEO Andrew Webley said the company aims to join the FTSE 250 by late 2026, which would help make Bitcoin a more accepted asset for UK institutions.

    The “Warsh Shock” and the ETF Recovery

    The crypto market was shaken by the “Warsh Shock,” which refers to Kevin Warsh being nominated as the next Federal Reserve Chair. His tough stance and doubts about quantitative easing caused investors to pull back, resulting in over $2.5 billion in crypto liquidations.

    But on Monday, investors put $562 million back into Bitcoin products, making it one of the biggest single-day inflows this year.

    • Fidelity & BlackRock Lead: Fidelity’s FBTC led the charge with $153.35 million in net inflows, closely followed by BlackRock’s IBIT at $141.99 million.
    • Institutional Indifference to ETH/XRP: In stark contrast, Ethereum ETFs finished the day in the red with a $2.86 million net outflow, while XRP ETFs posted a mild $404,000 exit.
    • Cost Basis Support: Analysts note that Bitcoin is currently trading below the $84,000 average cost basis for most ETFs, which is acting as a “magnetic” floor for institutional dip-buyers.

    Bitcoin Technical Analysis: Bulls Defend the $74K “Line in the Sand”

    Bitcoin price prediction is bearish as BTC is trying to recover its upward trend after reaching a nine-month low of $74,500. The recent drop broke out of a large symmetrical triangle pattern. Even though falling below $80,000 was tough, some analysts still see a possible rebound toward the $100,000 mark in the long run.

    Bitcoin Price Chart – Source: Tradingview

    On the 4-hour chart, BTC is still moving within a steep downward channel. To change the current negative outlook, it needs to close above the upper boundary near $79,355. The Daily RSI has dropped to about 25.43, a very oversold level not seen since the 2020 crash. This often comes before a strong bounce as selling pressure fades.

    Bitcoin is trading below both the 50-day EMA ($84,789) and the 200-day SMA ($87,415). These are now the main resistance levels for buyers to watch.

    Conclusion: A Selective Bull Market?

    Recent data shows that investors are moving toward safer digital assets. While altcoins like Ethereum and XRP face less interest and more liquidations, Bitcoin is being used as a defensive asset by both Wall Street and LSE-listed companies.

    If buyers can keep Bitcoin above the $74,420 to $74,666 support level, the oversold conditions and strong ETF inflows could lead to a quick move up to the $84,000 resistance area. But if the price falls below $70,000, it could drop further toward the 200-week EMA at $68,400.

    Bitcoin Hyper: The Next Evolution of BTC on Solana?

    d for security, Bitcoin Hyper adds what it always lacked: Solana-level speed. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.

    Audited by Consult, the project emphasizes trust and scalability as adoption builds. And momentum is already strong. The presale has surpassed $31.2 million, with tokens priced at just $0.013675 before the next increase.

    As Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun again.

    Click Here to Participate in the Presale




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