According to the latest weekly report from Binance Research, companies’ interest in digital assets is gaining momentum as public companies are increasingly allocating Bitcoin and Ethereum to their balance sheets.
Binance reported that more than 117 listed companies currently collectively hold 800,000 BTC, including recent recruits such as Trump Media & Technology Group, which launched a $2.5 billion BTC strategy backed by 50 institutional investors.
The report also announced the $425 million ETH initiative advised by Consensys co-founder Joseph Lubin, and announced the presence of Ethereum (ETH) in the corporate finance department.
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Mixed Market Feelings
Despite this institutional momentum, market sentiment remained mixed. Bitcoin (BTC) has returned its recent profits, falling 5% in a week as it gained profits and wider asset rotations weighed on prices.
Ethereum fell by 1%, but Altcoins also traced its previous profits. Binance attributed this to capital turnover and careful sentiment amidst sustained macro uncertainty.
Short-term sentiment has been lifted from stronger US consumer confidence and the announcement of a series of trade ceasefires. However, the long-term outlook is clouded by rising U.S. bond yields, a weaker than expected first-quarter GDP contraction, and a newly passed US tax bill that is projected to add $4 trillion to national debt over the next decade.
Binance highlighted that Spot Bitcoin ETF recorded 10 consecutive days of influx before it turned around on May 29th.
Furthermore, the correlation between Bitcoin and US stocks, particularly high-tech stocks, continues to rise. Meanwhile, Gold ETFs saw continuous spills and showed changes in risk preferences.
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Careful Fed
Federal Reserve minutes released this week strengthened their cautious attitude, with authorities warning of “difficult trade-offs” if inflation is recontrolled.
Expectations for interest rate cuts have been revised downward, with fewer than two fish, which have fallen in prices in 2025, from the four cuts priced earlier this month.
Going forward, investors will watch key US data releases, including PCE inflation in April on June 2nd and Powell’s remarks, as well as the European Central Bank’s decision on June 5th.
In the crypto sector, Bitcoin Seoul 2025 will be kicked off on June 4th, potentially providing further signals regarding facility involvement and long-term recruitment.
Binance concluded that while companies are increasingly adopting digital assets, structural risk remains, especially for new companies with limited risk control and excessive companies to crypto-related assessments.