🔥 It looks like we’re heading back above $100,000.

🔥 U.S. Bitcoin exchange-traded funds saw net inflows of $908 million on Friday, after recording $242 million the day before, according to Farside Investors data.

🔥 BlackRock’s iShares Bitcoin Trust (IBIT) saw a net gain of $253 million, with total inflows recovering to $37 million.

🔥 The fund’s holdings rose to 548,506 bitcoins, worth $53.4 billion.

🔥 Fidelity Bitcoin Trust (FBTC) also had its strongest daily performance, raising $357 million and bringing total new investments to more than $12 billion.

🔥Other funds like ARKB by ARK Invest and 21Shares saw net inflows of $222 million, while Bitwise, Grayscale, and VanEck also saw positive gains.

🔥Bitcoin rose to $98,900 on Friday, for the first time since December 26, gaining 4% over the week.

🔥Galaxy Research reports that the growth is set to continue into 2025, with major institutions and corporations adopting Bitcoin on their balance sheets, and Bitcoin ETFs potentially reaching $250 billion in assets.

🔥Experts like Jan Van Eck see Bitcoin reaching a price range of $150,000 to $170,000, with the positivity coming from Bitcoin’s potential to be used as a hedge against inflation and financial uncertainty.