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ever happen at this scale ever again. Funds, banks, and even governments are accumulating the coin with gusto, and they're even competing with each other to secure a position, sending prices higher and higher.Put differently, there is only one first wave of large-scale, regulated allocation. Buying this asset during this wave is more likely to pay off than waiting until it's over in the hopes of getting a lower price on your purchases.Let's explore this concept a bit further and appreciate why now is the time to buy Bitcoin.Image source: Getty Images.Financial institutions and institutional investors are now building up the Bitcoin positions that they will, in all likelihood, be holding for years to come. The clearest signal that the wall of institutional capital has arrived is the rise of U.S. spot Bitcoin exchange-traded funds (ETFs), which hold actual coins in custody.Together, these ETFs have amassed more than $144 billion of assets; on Aug. 14 alone there were net inflows of about $370 million. It doesn't take long for buying power of that magnitude to translate into higher prices.That demand is colliding with a tightening supply, which will never get any better than it is today, per the coin's protocol. After Bitcoin's fourth halving in April 2024, new issuance fell to roughly 450 bitcoins per day. In early 2024, ETF net inflows were already far outpacing new supply even before the halving took effect. When an asset persistently experiences more demand and slowing supply growth, it typically means higher prices; during the past three years alone, Bitcoin has gained about 430%, so its increasing scarcity is definitely working in favor of holders.Meanwhile, the largest asset managers now publish dedicated Bitcoin fund pages, a sign of mainstreaming and distribution reach rather than niche speculation. In other words, the first wave of regulated buyers is actively soaking up supply. They aren't about to do an about-face, barring some major unforeseen circumstances likely having to do with government regulations.Again, this wave will only happen once.There is a second institutional buyer cohort that also does not behave like fast money, specifically the sovereigns.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,501.86 +20.46 (+0.32%)Dow 3045,636.90 +71.67 (+0.16%)Nasdaq21,705.16 +115.02 (+0.53%)Russell 20002,376.55 +2.75 (+0.12%)VIX14.29 -0.56 (-3.77%)Gold3,477.80 +29.20 (+0.85%)PortfolioSign in to access your portfolioSign inTop gainersPSTG Pure Storage, Inc. 80.62 +19.76 (+32.47%)SNOW Snowflake Inc. 241.00 +40.61 (+20.27%)BILL BILL Holdings, Inc. 49.29 +7.66 (+18.40%)TCOM Trip.com Group Limited 75.03 +9.74 (+14.92%)TIGR UP Fintech Holding Limited 12.81 +1.24 (+10.71%)Top losersARX Accelerant Holdings 21.66 -7.63 (-26.06%)TLX Telix Pharmaceuticals Limited 10.16 -1.94 (-16.01%)HMY Harmony Gold Mining Company Limited 12.62 -2.05 (-13.97%)COO The Cooper Companies, Inc. 64.57 -9.54 (-12.87%)HRL Hormel Foods Corporation 25.23 -3.80 (-13.08%)Most activeWBA Walgreens Boots Alliance, Inc. 11.98 0.00 (0.00%)NVDA NVIDIA Corporation 180.20 -1.40 (-0.77%)OPEN Opendoor Technologies Inc. 4.2650 +0.2450 (+6.09%)LCID Lucid Group, Inc. 2.0700 -0.0100 (-0.48%)RGTI Rigetti Computing, Inc. 16.56 +1.17 (+7.60%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersSNOW Snowflake Inc. 240.96 +40.57 (+20.24%)CGC Canopy Growth Corporation 1.8800 +0.3700 (+24.50%)PSTG Pure Storage, Inc. 80.58 +19.72 (+32.40%)OPAD Offerpad Solutions Inc. 6.23 +2.87 (+85.27%)NOW ServiceNow, Inc. 928.27 +40.29 (+4.54%)Top economic events