Bitcoin ETF inflows have hit $223 million, highlighting a significant increase in institutional interest. This influx accompanies Bitcoin's recent price surge of over 5% following its rebound off critical support levels. These movements allowed Bitcoin to retest its previous all-time high between $101,219 and $101,998.
This increased activity in Bitcoin ETFs and the consequent price movements suggest a potential bull market, driven largely by institutional investors looking to capitalize on Bitcoin's volatility and potential.