**European Investors Pour Record $105B into US Bitcoin ETFs**

European investors have set a new record by allocating over $105 billion into spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States this year. This milestone, shared by Bloomberg's senior ETF analyst Eric Balchunas, highlights the growing interest in US-focused ETFs.

- **Why the Surge?** European investors are drawn to the US market's performance, with the S&P 500 ($SPY) up 24% compared to Europe's 10% gain.

- **Global Trend:** Asia is also seeing record ETF inflows into the US.

- **Bitcoin's Struggle:** Despite these inflows, Bitcoin has yet to break the $70,000 mark, a level last seen in July.

Stay tuned for more updates on this developing story.