Square (Block) is making a significant move towards integrating Bitcoin into everyday commerce with the launch of its first fully integrated BTC payments and wallet system. This development is a substantial stride in Jack Dorsey’s long-standing vision to transform Bitcoin from a speculative asset into the internet’s native currency, making it readily accessible for small businesses and consumers alike.

Bridging Bitcoin with Everyday Business

The newly unveiled Square Bitcoin suite empowers merchants to accept Bitcoin payments directly at checkout, offering a compelling incentive of zero processing fees for the first year. This innovative system automatically converts sales into BTC, allowing businesses to conveniently hold or withdraw their Bitcoin within Square's user-friendly dashboard. By providing practical tools for businesses to engage with Bitcoin as operational capital, Square is actively working to cement Bitcoin’s utility beyond its role as merely a store of value, building on Block’s extensive commitment to the cryptocurrency that began years ago with Cash App's BTC integration.

Surging Institutional and Mid-Tier Confidence

This critical integration by Square arrives amidst a backdrop of escalating confidence across diverse investor segments. Bitcoin Spot ETFs have recorded an impressive seven consecutive days of inflows, pushing total assets under management to a staggering $164.9 billion – a clear indicator of robust and sustained institutional appetite. Concurrently, on-chain data reveals a quiet but significant accumulation by mid-tier investors, often dubbed "shark wallets" (holding 100 to 1,000 BTC). These wallets have reached an all-time high in holdings, a pattern historically associated with preceding major price expansions. While the market has seen a minor short-term correction, likely due to profit-taking, underlying RSI levels suggest healthy consolidation, hinting that the broader uptrend and deepening adoption across all layers remain intact.