🌟 Bitcoin ETFs in the U.S. captured $3.3 billion in just one week, equivalent to 34,860 BTC.
🏦 BlackRock dominates with the iShares Bitcoin Trust, which totaled $2.053 billion and manages 492,623 BTC.
📈 Spot ETFs generate tangible demand by acquiring bitcoin to back their shares, reducing the available supply, which drives up the price of BTC.
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Could this be the cycle that takes BTC to historic figures thanks to ETFs?
🥰 = Obviously, we are at the beginning of the boom!
😁 = ETFs are changing the game, but there's still more to come.
😱 = It's just the warm-up for something epic.
