The recent surge in spot Bitcoin exchange-traded funds (ETFs) unveils a captivating narrative of market shifts and investor sentiments. With a remarkable $66 million influx on May 13 alone, the cryptocurrency arena is buzzing with renewed excitement and intrigue. Let’s embark on a journey to unravel the layers of this unfolding saga, exploring the dominant players, evolving market dynamics, and regional disparities that shape the global
Fidelity’s Foothold:
At the forefront of this surge stands Fidelity’s Wise Origin Bitcoin Fund, wielding its influence with a commanding $39 million daily net inflow.·
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