🚀 Bitcoin Bonanza! 🚀
Hold onto your hats, Bitcoin enthusiasts! On November 19, U.S. spot Bitcoin ETFs gobbled up nearly 9,000 BTC, totaling a jaw-dropping $814 million in inflows. With only 450 BTC mined daily, a supply shock could be on the horizon if institutions keep this pace. The recent halving effect adds fuel to the fire, potentially sparking a post-halving bubble reminiscent of past cycles. 🌕
Institutional investors are driving BTC to new heights, with over $1 billion flowing into ETFs in just two days. Bitcoin hit an all-time high of $94,000, before settling at $92,320. The launch of BlackRock's IBIT options, with $2 billion traded on day one, adds a new dimension, making it easier for institutions to dive in. 🌟
With 94.21% of all Bitcoin already in circulation, the stakes are high. Are you ready for the next chapter in Bitcoin's thrilling journey? 📈