🚀Bitcoin ETF Frenzy! $2.75 Billion Flooding In, 108K Sweeps to Historical New Highs! 🔥🐍

For the first time in four weeks, Bitcoin spot ETFs have achieved daily sustained net inflows, with $2.75 billion pouring in this week, directly crushing last week's $600 million inflow, soaring 4.5 times! 💥

On May 23, single-day inflows exceeded $200 million, with BlackRock's IBIT grabbing $430 million, continuously attracting funds for 8 consecutive days, as institutions ramp up their investments! 🔥

Although Grayscale GBTC and ARKB are still facing outflow pressures, the overall trend cannot hide the bullish momentum.

On May 21, ETF inflows reached $600 million, and on the same day, Bitcoin broke the $109K mark, subsequently soaring to a new high of $112,000, igniting the market's frenzy! ⚡️

Latest data: BTC is currently priced at approximately $108,141, and the fear and greed index has dropped from extreme greed to 66, with short-term profit-taking starting to ease, suggesting the market may welcome a breather adjustment. 🧐

Analysts warn that despite the frenzy, there are insufficient overheating signals; short-term profit-taking is limited, and fund inflows remain strong, indicating that higher peaks are on the horizon! 📈

This wave of capital is paving the way for Bitcoin towards a larger bull market. Are you ready to hop on board? 🔥🐍