BTC Surges Above $110,000 as $750M ETF Inflows and Institutional Demand Drive Bullish Momentum

Bitcoin is trading at $110,004.03, up 2.16% from the 24h open of $107,681.82, with strong trading activity and significant institutional inflows into US spot Bitcoin ETFs totaling $750 million over the past three days. The recent price increase is attributed to continued robust institutional demand, including notable ETF inflows and accumulation by large holders, as well as improved market sentiment following the easing of US-EU trade tensions. On-chain data indicates a shift from accumulation to distribution among short-term holders, while derivatives market activity and a high correlation with traditional equities further support the current bullish momentum.