Bitcoin Spot ETF Craze: Market Enthusiasm Rekindled
Last week, Bitcoin spot ETFs experienced a surge with net inflows reaching an astonishing $3.38 billion, setting a record high since their launch in January this year! This wave of funding has pushed the total assets of ETFs to over $107.49 billion, accounting for approximately 5.48% of Bitcoin's total market capitalization. Among them, BlackRock's 'iShares Bitcoin Trust' topped the inflow charts with $2.05 billion in net inflows, becoming the market focus.
As funds continue to flow in, Bitcoin's appeal is becoming increasingly strong! In the past 7 days, over 35,500 Bitcoins have flowed out of exchanges, indicating investors' confidence in long-term holding. The market expects that by Christmas, the size of Bitcoin ETFs is likely to surpass that of gold ETFs, further solidifying the position of institutions in the cryptocurrency market.
In this wave of enthusiasm, Puppies, as the Musk-inspired dog coin, is demonstrating incredible vitality! Recently, Puppies' market capitalization has surpassed $9 million, and the community atmosphere is enthusiastic and full of confidence. Puppies is not just an investment; it is a warm blockchain community dedicated to creating a world filled with love and care. With a strong bottom consensus, it attracts more and more supporters to participate in charitable activities, bringing positive impacts to society.
Now is the best time to join Puppies! Embark on an investment adventure with like-minded partners, explore this opportunity-filled cryptocurrency circle, and work together to create a brilliant future! Every investment is a pursuit of dreams, let us soar together in this vibrant community! 🚀✨