đš ETF Inflows Push Bitcoin to $80KâWinklevoss Says It's Just the Beginning đš
Bitcoinâs surge to $80K is driven by institutional investment in spot Bitcoin ETFs, not retail hype. Gemini co-founder Cameron Winklevoss highlights how these consistent ETF inflows create a stable price floorâpointing to long-term, institutional "HODL-like" demand rather than retail speculation. Hereâs why this matters:
ETF Demand Dominates: Institutional investors arenât selling; theyâre accumulating through ETFs, pushing Bitcoinâs price up without the volatility associated with retail-driven surges.
Record ETF Inflows: Following the U.S. election, spot Bitcoin ETFs received $2.3 billion in just three days. BlackRock's IBIT alone recorded a $1 billion inflow on Thursday, positioning it as a heavyweight next to BlackRockâs own iShares Gold Trust.
Macro Factors in Play: Other global factors, like China's stimulus and the Fed's latest interest rate cuts, are bolstering Bitcoinâs appeal as a hedge against fiat volatility.
Ethereum Joins the Rally: Spot Ethereum ETFs saw $218 million in net inflows, as investor interest expands beyond Bitcoin.
With institutions driving Bitcoin demand and central banks easing policies, the foundation is set for a potential six-figure price. Now may be the time to watch this market closely. đ
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