Bitcoin News

Story: Bitcoin ETF Inflows Hit $442M as BTC Eyes $100K

By Pankaj K

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BlackRock's iShares Bitcoin Trust (IBIT) Leads Inflows. The biggest contributor to the latest wave of Bitcoin ETF inflows was BlackRock’s iShares Bitcoin…

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Bitcoin’s Profitability and Accumulation Surge. Bitcoin’s profitability metrics have also seen a significant shift.

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Retail FOMO Signals Risk of Volatility. On-chain analytics firm Santiment observed a notable rise in retail investors’ fear of missing out…

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Conclusion. Bitcoin ETFs have seen impressive inflows, particularly from BlackRock’s iShares Bitcoin Trust,…

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Bitcoin exchange-traded funds (ETFs) in the U.S. recorded a net inflow of $442 million on Thursday, marking the fifth consecutive day of positive growth.

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As Bitcoin holds steady at $94,000, market optimism continues to build, with a strong push toward the $100,000 target.

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The biggest contributor to the latest wave of Bitcoin ETF inflows was BlackRock’s iShares Bitcoin Trust (IBIT), which secured $327.3 million in fresh capital.

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Although Thursday’s inflows were less than the $916.9 million and $936.4 million seen earlier in the week, the ongoing demand reflects a growing institutional interest in Bitcoin…

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The ETF inflows coincided with a strong session in the U.S. stock market, where the Nasdaq climbed 2.7%, the S&P 500 rose by 2%, and the Dow gained 1.

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Bitcoin’s profitability metrics have also seen a significant shift. Data from Glassnode reveals that 87.3% of Bitcoin’s circulating supply is now in profit, up from 82.

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When more than 90% of Bitcoin’s supply is in profit, market sentiment often turns euphoric, which historically has led to rapid price rallies.

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While this sentiment adds caution to short-term price projections, the long-term outlook remains strong due to Bitcoin’s fundamentals and institutional adoption.

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Prince Filip Karađorđević of Serbia, in a recent interview, also expressed his bullish view on Bitcoin, suggesting that an "omega candle" breakout could soon drive the…

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As Bitcoin continues to demonstrate resilience and holds firm above $94,000, the road to $100,000 appears increasingly plausible, but patience may be required as the market works…

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