$BTC
� Details of Incoming Liquidity:
• Total Inflows: The net inflows to Bitcoin exchange-traded funds reached 3,686 Bitcoin, equivalent to approximately $405.78 million.
• Largest Contributor: The BlackRock iShares Bitcoin Trust received 3,954 Bitcoin (approximately $435.3 million), raising its total holdings to 655,571 Bitcoin, worth nearly $72.18 billion.
📈 Impact of these inflows:
• Price Increase: These inflows have helped support the price of Bitcoin, which is currently trading near the $110,000 level, after hitting an all-time high of $111,970 on May 21.
• Increased Institutional Interest: These figures indicate that financial institutions view Bitcoin as an attractive investment tool under the current economic conditions.