#BTC110KToday? Some news from the crypto empire

Bitcoin ETFs see 13 consecutive days of investment growth, why is this important?

US Bitcoin exchange-traded funds (ETFs) have seen 13 consecutive days of inflows, with nearly $3 billion in inflows, despite Bitcoin prices remaining largely unchanged.

This is the longest streak of inflows since December 2024. The surge comes as other digital assets are also looking to gain approval.

This week saw a $1.2 billion surge in ETFs in just three days, with BlackRock’s IBIT leading the pack with $163.7 million.

Fidelity’s FBTC and Bitwise’s BITB also joined in with significant inflows.

Other major funds such as Ark and Invesco saw modest inflows, while some such as Grayscale were largely inactive.

According to analysts, the inflows reflect growing interest from institutional investors, who are mostly in over-the-counter (OTC) Buy through channels to minimize the impact on prices,

According to Peter Chong, head of research at Presto Labs, investment in ETFs is mostly from long-term fundamental investors,

During this time, the price of Bitcoin remained stable around $107,374, while short-term investors are reducing their positions in the market,

According to Arjun Vijay, founder of Indian crypto exchange Jivets, Bitcoin ETFs have received more than $40 billion in investment in the last 18 months, with a large portion of the investment coming from institutional investors. After this development, the price of Bitcoin could increase by more than $110,000