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Bitcoin Eyes More Gains as ETF Inflows Surge
The Bitcoin price held steady, a few percentage points below the all-time high, as demand from Wall Street investors surged. The BTC/USD pair was trading at 119,350, a few points below the all-time high of 123,000. Bitcoin has jumped as third-party data showed that demand from investors has continued soaring this month. All spot Bitcoin ETFs have added over $700 million in inflows this week, bringing the total inflows to over $53 billion. All Bitcoin ETFs now hold over $150 billion in assets. The iShares Bitcoin ETF has over $85 billion in assets and is the eighth-largest fund managed by BlackRock. It is also the ... (full story)
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