Bitcoin above $100,000 — institutions ramp up purchases through ETFs
On May 8, BTC broke the $100,000 mark, and the net inflow into spot ETFs amounted to $142.3 million (data from Farside Investors).
💵 Leaders in inflow on May 7:
🔴 ARK 21Shares (ARKB): $54 million
🔴 Fidelity: $39 million
🔴 BlackRock (IBIT): $37 million
🔴 Arkham: BlackRock conducted one transaction for 86 BTC at $8.4 million
