The Bitcoin ETF is on fire! Funds are pouring in like crazy and won’t stop!

Recently, the Bitcoin ETF has been incredibly popular! The latest data shows that last week these ETFs attracted $2.39 billion 💰, marking the sixth consecutive week of net inflows! It seems that large institutions really love Bitcoin~

The standout is BlackRock's IBIT:

- Last week it gathered $2.57 billion 💸

- Set the second-highest single-week inflow in history!

- The total cumulative inflow has reached $56.97 billion

In simple terms:

1️⃣ Large funds continue to be optimistic about Bitcoin

2️⃣ Institutional investors are rushing in

3️⃣ BlackRock firmly holds the top position in ETFs

Why is it so popular?

- Expectations for Bitcoin halving market

- Increased demand for institutional allocation

- Traditional funds are starting to recognize crypto assets

However, some veteran investors remind us: With things so hot right now, could this be a temporary peak? After all, the market always fluctuates

Do you think it’s time to get on board or should we wait and see? Let’s discuss your thoughts.