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.
Bitcoin boom is pushing more investors to explore high risk, high reward products to maximize profit.
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.
A potential breach of the resistance level of about $4K for Ethereum price will signal the onset of the macro altcoin season as Bitcoin approaches a major psychological target.
Over the past year, Bitcoin’s value has more than doubled, with a sharp 40% jump in just two weeks following Trump’s victory.
MicroStrategy is now among the most capitalized companies in the world after recent stock boom.
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.
Over $2.2 billion in institutional investors poured into crypto products in the past week.
Per BCA, the key lies in a technical metric called the “260-day fractal dimension complexity”.
BlackRock’s IBIT was one of the best performers last week, recording an impressive daily inflows throughout the week.
The US spot Ethereum ETF issuers registered a net cash outflow of $3.24 million on Thursday, thus ending the longest period of notable cash inflows.
Despite a bullish market, institutional investors pulled $400 million from Bitcoin ETFs.
Positive flows like this usually signal that institutional and retail investors are increasingly fancying crypto investments.
Bitcoin’s surge to an ATH of $93,434 has sparked widespread excitement, but analysts urge caution as extreme market greed signals a possible short-term pullback.