The recent bullish trend in the cryptocurrency market has led Bitcoin (BTC) to approach a significant milestone of $100,000. This surge is mirrored in the massive inflows into Bitcoin ETFs, particularly those based in the United States.
These ETFs have reported $3.1 billion in inflows over just one week, showcasing heightened investor interest and confidence in the market.
The inflow figures reflect increased demand for regulated investment vehicles, such as ETFs, that offer exposure to Bitcoin.
The market's upward trajectory is further fueling the anticipation of Bitcoin reaching the $100,000 mark, a record high in its valuation.
