"Bitcoin and altcoins rise as record flows into BTC ETFs reach $50 billion"
According to FXStreet, spot Bitcoin ETFs are about to reach $50 billion in inflows, which has driven the rise of BTC, ETH, and XRP, extending the bounce from recent highs of ~ $110,530 down to levels close to $108,900.
This bullish pressure has spread to the market, favoring an optimistic environment for altcoins.
Massive inflow into spot ETFs: This phenomenon demonstrates strong institutional appetite for BTC.
Historic moment for #Bitcoin! Spot ETFs are already nearing $50 billion in inflows, propelling a rally in BTC, ETH, and more. The crypto ecosystem is regaining strength with fresh and institutional sentiment.
Are you joining this movement?"
