🚨 Bitcoin ETFs Reignite with Strong Inflows as $BTC Nears $100K
🇺🇸 After a mid-week pause, US Spot Bitcoin ETFs saw a significant resurgence on May 1st, with a net inflow of $422.5 million.
📊 BlackRock's IBIT led the charge with a massive $351.4 million, followed by Fidelity's FBTC and Bitwise's BITB. Notably, even Grayscale's GBTC recorded a modest inflow.
🔍 This renewed institutional confidence is coinciding with Bitcoin's price hitting $97,360, its highest point since February 22nd. Is this the fuel needed to break the $100K barrier?
