
April 14th, 2025
The positive sentiment extended to altcoins, with Ethereum reaching $3,100 and Solana crossing $200 for the first time this year
The demand vs supply shock for Bitcoin is expected to significantly increase ahead and bolster the ongoing bullish breakout.
BlackRock’s IBIT set a trading record as Bitcoin ETFs bounced back with significant inflows, while Bitcoin itself climbed to $75,000.
Bitcoin ETFs posted $116.8 million in inflows on US election day, despite Bitcoin’s surge to $75,000.
The US spot Bitcoin ETFs registered a notable net cash outflow on Monday after recording more than $2.2 billion in cash inflows last week.
Bitcoin price is expected to significantly benefit in the long haul from the ongoing shift in monetary policies in major economies geared towards growth.
Bitcoin price will likely end October in a bullish narrative, which will extend in the remaining weeks of 2024 amid high-impact news ahead.
The US spot Bitcoin ETF issuers purchased nearly $1 billion worth of BTCs on Tuesday led by BlackRock’s IBIT.
Institutional investors have poured in more than $3 billion in Bitcoin spot ETFs since the first day of October.
Despite initial hesitance, institutional demand for Bitcoin ETFs has surged past early gold ETFs in under a year.
BlackRock’s Bitcoin ETF continues to record significant daily inflows despite the fluctuating market.
The $79 million net outflow on Tuesday reduced the cumulative net inflows of the 12 ETFs to $21.15 billion.
Despite the steady inflows into Bitcoin ETFs, the crypto market remains ever volatile.
Digital assets products soared over the past week amid broader optimism of a pro-crypto administration in the US.
BlackRock’s iShares Bitcoin Trust ETF attracted the majority of Thursday’s inflows of $470million.