According to the data, last week, US spot Bitcoin ETFs reach

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According to the data, last week, US spot Bitcoin ETFs reached a record $2.57bn in net inflows and a record $35.1bn in trading volume, driven by Bitcoin's surge to new all-time highs. BlackRock's IBIT ETF led in both inflows and trading volume.

According to the data, last week, US spot Bitcoin ETFs reached a record $2.57bn in net inflows and a record $35.1bn in trading volume, driven by Bitcoin's surge to new all-time highs. 
BlackRock's IBIT ETF led in both inflows and trading volume.

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Some of the major crypto events upcoming in April 2024 include: ⚫ Bitcoin Cash halving — expected on April 3rd ⚫ USA March CPI announcement — April 10th ⚫ SEC & Coinbase case arrangement deadline — April 19th ⚫ Bitcoin halving — expected on April 25th ⚫ CZ sentencing hearing — April 30th #BitcoinHalving!

Standard Chartered increased its year-end Bitcoin forecast to $150k, up 50%, and predicted a high of $250k in 2025 before stabilizing around $200k. The bank also anticipates an ETH ETF approval on May 23, potentially driving inflows of up to $45bn and pushing ETH to $8k by the end of 2024. #BitcoinBlast #Ethereum✅

JPMorgan reportedly observed increased buying of gold and Bitcoin by investors this year, with significant position build-up in both assets since February. The bank warned of a high risk of mean reversion, indicating potential declines towards average levels.

Indian Finance Minister Nirmala Sitharaman reportedly asserted that crypto assets can not function as currencies, aligning with the government's stance. She anticipates the emergence of a regulatory framework from the G20 discussions on cryptocurrencies. #Write2Erarn

Both Binance CEO Richard Teng and Crypto.соm CEO Kris Marszalek offered insights into the cryptocurrency market. Teng anticipates Bitcoin surpassing $80k fueled by institutional investment in crypto ETFs, while Marszalek views the current price correction as a healthy phase akin to December 2020 or January 2021, based on retail activity indicators. #Write2Erarn

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