The influx of $1 billion into Bitcoin ETFs was spearheaded by BlackRock’s IBIT and Fidelity’s FBTC. This massive investment surge highlights the increasing interest of investors as Bitcoin's price nears the significant $70,000 mark.
Experts predict that further growth in Bitcoin's price is likely due to institutional interest and optimistic market sentiments. The role of prominent financial entities like BlackRock and Fidelity in driving these inflows underlines their influence in the market's dynamics.
