📈 Bitcoin Back Above $100K as ETFs See $1.1B in Daily Inflows! Spot Bitcoin and Ethereum ETFs in the U.S. witnessed a combined $1.1B in
inflows on Monday, propelling Bitcoin above $100,000 for the first time since Dec. 19. 💰
💡 Key Highlights: ▪️Bitcoin ETFs led the surge with $978.6M in net inflows. Fidelity’s FBTC fund topped the list at $370.2M, followed by BlackRock ($209.1M) and Ark Invest ($152.9M).
▪️Ethereum ETFs added $128.7M, primarily driven by BlackRock’s ETHA fund.
🔥 Cumulative Growth: ▪️Bitcoin ETFs have amassed $37.1B in net inflows since launch.
▪️Ethereum ETFs, launched in July, now total $2.8B.
💬 Analyst Insight: This surge reflects renewed institutional confidence, with Bitcoin hitting $102,750 before settling at $101,700. MicroStrategy’s recent $100M BTC
purchase also added to the bullish sentiment.
Will this momentum carry Bitcoin to new heights? 🚀