December 23rd, 2025
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.
BTC price was stuck in tight consolidation near $68K, triggering a spike in profit taking. Will it derail further surge towards the March ATH?
According to Hougan, there are three major factors that he believes could drive the growth.
Institutional interest in Bitcoin ETFs has intensified, driven by BlackRock’s IBIT fund, which has reported nearly $400 million in a single day.
Nate Geraci, President of ETF Store, called it a “monster day” for spot Bitcoin ETFs. He highlighted that net inflows over the past ten months are approaching $20 billion.
Neel Tushar Kashkari, President of the Minneapolis Fed, dismissed Bitcoin as a worthless asset despite its notable past performance.