BITCOIN IS ON FIRE! ARE WE WITNESSING HISTORY? 🔥
As $BTC hit a record $98K, #BitcoinETFs soared to a historic $100 billion in net asset value (NAV), accounting for 5.4% of Bitcoin's total market cap.
📊 Top 3 Bitcoin ETFs
1️⃣ BlackRock’s IBIT: Leading with $45.38B in assets.
2️⃣ Grayscale’s GBTC: Secures $20.61B.
3️⃣ Fidelity’s FBTC: Clocks in at $18.44B.
💸 Record Inflows:
Wednesday alone saw $773.47M pouring into Bitcoin ETFs, driven by BTC’s rally. BlackRock’s IBIT brought in a massive $626.52M, with Fidelity and others following suit.
🔎 Why It Matters:
Bitcoin ETFs are gaining momentum, drawing institutional investors and boosting mainstream adoption. With $BTC eyeing $100K, could even bigger records be ahead?
⚠️ $ETH ETFs Struggle:
While BTC shines, Ethereum ETFs saw $30.3M in outflows, continuing a 5-day losing streak.
💬 Your turn: Can Bitcoin ETFs hit $200B next? Let’s hear your predictions!
#BTC100KToday? #EyesOnBTC #BitcoinETFOptions