In one week, US Bitcoin ETFs acquired 18,644 BTC, while miners produced only 3,150 BTC. This trend reflects a notable demand from institutions, indicating a solid recovery in market momentum.
Spot Bitcoin prices climbed to 97,700 USD before retracting to approximately 94,000 USD. BlackRock’s iShares Bitcoin Trust reported inflows of 2.5 billion USD, showcasing its strong market position even amidst regulatory challenges.
Leave a Reply