Bitcoin ETFs Attract Major Investments Amid Market Growth
Bitcoin ETFs (Exchange-Traded Funds) have become the main focus for investors in the crypto market. In just one week, these funds brought in $867 million of the total $882 million added to crypto investment products.
This interest shows that Bitcoin remains the top choice for large investors. At the same time, Bitcoin’s price was around $104,368, staying steady over a day but rising by 10.9% in a week and 25.1% in a month. Experts say this rise is due to three reasons: more M2 money available globally, economic fears in the U.S., and some U.S. states adding Bitcoin as a reserve asset.