๐ Spot Bitcoin ETFs attracted nearly $1 BILLION in a week: Total assets surpassed $100 billion!
Institutional demand for Bitcoin is showing strong momentum! ๐
Over the past week, spot Bitcoin ETFs in the US brought in more than $986 million in capital inflows. This continued the large-scale accumulation streak and pushed total assets under management (AUM) of all funds above the psychological threshold of $100 billion (currently around $101.3 billion).
๐ก Key facts:
๐ฆ Inflow leader: The lionโs share of capital is traditionally accumulated by the iShares Bitcoin Trust (IBIT) fund from BlackRock.
๐ Institutional strategy: Accumulation through funds continues even amid local macroeconomic shocks and price fluctuations around the $79,000โ$80,000 levels.
๐ฌ Do you buy $BTC together with the funds, or are you waiting for lower levels? Write in the comments! ๐
#BinanceSquare #trading #etf #bitcoin $BTC
Institutional demand for Bitcoin is showing strong momentum! ๐
Over the past week, spot Bitcoin ETFs in the US brought in more than $986 million in capital inflows. This continued the large-scale accumulation streak and pushed total assets under management (AUM) of all funds above the psychological threshold of $100 billion (currently around $101.3 billion).
๐ก Key facts:
๐ฆ Inflow leader: The lionโs share of capital is traditionally accumulated by the iShares Bitcoin Trust (IBIT) fund from BlackRock.
๐ Institutional strategy: Accumulation through funds continues even amid local macroeconomic shocks and price fluctuations around the $79,000โ$80,000 levels.
๐ฌ Do you buy $BTC together with the funds, or are you waiting for lower levels? Write in the comments! ๐
#BinanceSquare #trading #etf #bitcoin $BTC
