
April 23rd, 2025
Bitcoin stalls near $100K as market volatility increases. Amid the halt, bears resurface, leading to higher liquidation. However, the growing institutional demand and historical price trends suggest a possible rally to $120K.
The rising adoption of Bitcoin ETFs coincides with Bitcoin reaching the long-anticipated $100,000 price milestone.
Bitcoin led the entire cryptocurrency industry in heavy liquidations of about $500 million, mostly involving long traders following the sudden selloff in the past 24 hours.
December 3 marked a historic day for Bitcoin ETFs in the United States as daily inflows soared to $675.97 million.
Bitcoin spot ETFs closed the week with a $103 million daily inflow after facing significant outflows earlier.
While the crypto market remains in decline, with Bitcoin dropping to $92,668, strong inflows into Ethereum ETFs signal growing confidence among institutional investors, who are betting on recovery as Ethereum eyes the $4,000 level.
As of November 25, Bitcoin spot ETFs collectively hold $102.23 billion in net assets, with a cumulative inflow of $30.40 billion.
Digital assets products bagged $3.12 million from institutional investors as the market enters a maturity phase.
Bitcoin price rallied to a new all-time high of about $99.5K earlier today catalyzed by ongoing institutional FOMO.
US spot Bitcoin ETFs have hit a milestone of $100 billion in assets under management (AUM), fueled by strong inflows and a surge in Bitcoin price to $98,000.
Institutional adoption of Bitcoin continues to accelerate, as evidenced by the substantial inflows into spot Bitcoin ETFs. These products have emerged as a regulated and secure gateway for institutions seeking exposure to the crypto market.
Call options dominated the activity, making up 82% of contracts, signaling strong bullish sentiment.
Following approval by the US SEC and OCC, options for BlackRock’s iShares Bitcoin Trust ETF (IBIT) will be listed on the Nasdaq exchange today.
BlackRock’s IBIT was one of the best performers last week, recording an impressive daily inflows throughout the week.
Despite a bullish market, institutional investors pulled $400 million from Bitcoin ETFs.