🔗 Crypto & Blockchain

Bitcoin ETFs Suck in $471M – Crypto's Thirst Returns with a Vengeance

Picture this: Bitcoin flirts with $70,000, and Wall Street's ETF machines gulp down $471 million in a single day. It's the biggest inflow since late February – a thirst-quenching sign that crypto's dry spell might be over.

Bitcoin price chart spiking with ETF inflow bars hitting $471 million peak

⚡ Key Takeaways

  • Bitcoin ETFs saw $471M inflows, largest since Feb, led by BlackRock's IBIT at $182M. 𝕏
  • Ether ETFs bounced with $120M; total BTC AUM tops $90B amid extreme fear. 𝕏
  • Historical parallel to 2004 gold ETFs predicts BTC bull run to $150K by 2026. 𝕏
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Originally reported by Cointelegraph

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