š„#Bitcoin ETFs saw net inflows of over $237 million on May 20, significantly outpacing the daily mined supply of $BTC.
ā Grayscaleās GBTC and other ETFs like ARKB and BlackRockās IBIT also reported substantial inflows.
šThe surge in institutional interest has driven the BTC price to $72,000, with projections suggesting potential increases to $100,000 or more by the end of 2024.
šThis trend reflects a strong bullish sentiment in the market, spurred by recent positive developments and continued investor accumulation.