BlackRock’s iShares Bitcoin Trust ETF investors have bounced back to profits, accumulating a total of 3.2 billion USD as Bitcoin surpasses the 90,000 USD mark. This signals a potential recovery in the market sentiment as investors previously faced substantial losses.
Following a trend of selling, Bitcoin ETFs have begun to see inflows after two weeks, totaling 21 million USD recently. With heightened expectations for interest rate cuts from the US Federal Reserve, the market is optimistic about Bitcoin’s price momentum continuing.
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