🚀 #Bitcoin surpasses $65,000 with massive inflows into US ETFs 📈
• Bitcoin spot ETFs in the US have seen the largest daily inflow in over 2 months: $365.7 million in a single day! • Main inflows: ◦ ARK 21Shares: $113.8 million ◦ BlackRock iShares: $93.4 million ◦ Fidelity: $74 million • 6 consecutive days of positive inflows for institutional products • Since their launch, the 11 spot ETFs have collectively raised $18.3 billion • Only the Grayscale Bitcoin Trust recorded outflows: -$7.7 million • BTC price has risen 13% over the past 2 weeks
👉 Institutional interest in Bitcoin continues to grow, supporting the price rally. Spot ETFs are proving to be a powerful vehicle for mainstream BTC adoption.
#Crypto #Investing #FinancialMarkets