Data gathered from "Yahoo Finance Bitcoin" point to a 15% increase in Bitcoin ETF net inflows this week, a metric analysts see as evidence of growing institutional confidence ahead of expected market catalysts. “Thanks to yesterday’s action on behalf of the IRS, that potential scenario is no longer off the table,” TD Cowen analyst Lance Vitzanza wrote in a Wednesday note, adding that the action removed “a significant source of potential overhang for Strategy.” Billionaire Brian Armstrong is one of the most followed and respected CEOs on Wall Street, specifically in the crypto industry. Having discovered the Bitcoin white paper in 2010, Armstrong is one of the earliest Bitcoin adopters. Additionally, after quitting his software engineering job at Airbnb ( ABNB ), Armstrong founded Coinbase Global ( COIN ), the leading American crypto exchange. In an industry where many CEOs come and go, Armstrong has navigated Coinbase through stringent regulatory hurdles and numerous devastating crypto bear markets, building the company into the $100 billion juggernaut it is today. "Yahoo Finance Bitcoin" weekly analysis shows volatility compressing within a narrow band, setting the stage for an imminent breakout. Traders should watch for volume spikes as confirmation of direction.