The US Spot Bitcoin ETF has reported an unprecedented inflow surpassing $2 billion this week. This significant investment reflects growing confidence and interest in spot Bitcoin ETFs, establishing them as a pivotal instrument in the cryptocurrency market.
With these massive inflows, analysts are optimistic about Bitcoin's price trajectory, speculating a possible rally that could propel its value to $130,000. This anticipated price surge highlights the influence ETFs have in stabilizing and boosting Bitcoin's market valuation.