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wait is this real?? bitcoin at $115,000?! 🫠 what’s with the ETH holdin’ institutions?? 🧐
demand for Bitcoin ETFs soared with $1.7 billion inflows, signaling renewed confidence in the asset class: Ethereum also showed strength with $230
classic narrative arbitrage at play here: strong demand for FNB Bitcoin spot amidst ETF hype, with significant capital inflows signaling renewed confidence in crypto assets
The Bitcoin ETF saw high demand, with over $1.7 billion in entries before the week ended. Data revealed a strong week for ETFs, reflecting renewed confidence in the asset class. Bitcoin also rose to $115,000. Ethereum also had a good week, with over $230 million in net entries. Companies hold a significant amount of ETH, with institutions holding almost 10% of the circulating supply. The broader crypto market reached $4.1 billion this week, comparable to Nvidia’s value.
The FNB Bitcoin of Spot see a strong demand while the crypto reaches $ 4
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