On Thursday, U.S. Bitcoin ETFs experienced a significant surge in capital inflows, totaling $588.22 million. This highest daily increase of the week pushed the cumulative inflow since the January approval of spot BTC ETFs in the U.S. to an impressive $40.18 billion.
Bitcoin ETFs Grow with No Capital Outflows
None of the U.S. spot BTC ETF issuers recorded any outflows on Thursday, indicating strong investor demand.
🔹 BlackRock (IBIT) led with $321 million in inflows.
🔹 Fidelity (FBTC) followed with $209 million.
As a result, U.S. Bitcoin ETFs now hold total net assets of approximately $123.43 billion.
Bitcoin Positioned for a Major Price Move
Demand for Bitcoin remains strong, driven in part by growing interest from central banks worldwide. In addition to direct BTC purchases, some banks are investing in crypto-related stocks, such as MicroStrategy and Metaplanet.
🔹 15 U.S. states, including Texas, Florida, Massachusetts, Ohio, and South Dakota, have introduced proposals to establish strategic Bitcoin reserves.
🔹 Donald Trump’s administration is accelerating efforts to create a national Bitcoin reserve, aiming to hedge against the rising national debt, which now exceeds $35 trillion.
Bitcoin Follows Gold – A New All-Time High on the Horizon?
In the past 24 hours, the price of gold has reached a new all-time high, creating an ideal setup for Bitcoin to follow suit.
Many global investors now view Bitcoin as a better store of value than gold, primarily due to its scarcity and digital nature.
With strong demand, growing institutional adoption, and global economic uncertainty, Bitcoin could be on the verge of a massive price rally. 🚀
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