Bitcoin ETFs see record daily inflows as institutional investors drive adoption and BTC’s ongoing price surge.
ETF news
Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?
Spot Bitcoin ETFs have had four consecutive days of inflows, resulting in over $20 billion in cumulative flows since their launch in January.
Bitcoin bulls are keen to hit $70,000, but a selloff at this level could trigger a sharp downside in BTC and altcoins.
The fund touts leveraged exposure to Bitcoin and gold as investors brace for inflation and geopolitical strife.
After the launch of spot Bitcoin and Ether ETFs, investors eagerly await the potential debut of XRP and Solana ETFs, which could significantly impact crypto markets.
Bitcoin’s range-bound action looks set to continue, but SUI, APT, TAO, and WIF could rally higher over the coming days.
Crypto is second only to equities and for millennial investors it tops the list, the survey said.