Bitcoin (BTC) has once again surpassed the $100,000 mark, attracting significant investments in spot ETFs. Yesterday, the BlackRock iShares Bitcoin Trust (IBIT) recorded an influx of $69 million, while Fidelity FBTC saw $35.34 million, indicating a return of confidence among institutional investors. The total open interest in BTC futures rose to $67.45 billion, increasing by 5%, which confirms an active influx of new funds and bullish sentiment in the market. Additionally, the funding rate reached a maximum since February — 0.0109%, indicating strong demand for long positions. Despite the optimism, activity around put options shows caution among investors anticipating potential market fluctuations. Overall, the current dynamics indicate a recovery of interest in Bitcoin and a positive trend in the long term.
