๐ Bitcoin's Wild Ride: ETF Inflows Outshine Magnificent Seven!
- BlackRock's Bitcoin ETF has raked in a whopping $19 billion YTD, leaving the "Magnificent Seven" stocks (think Microsoft, Apple, Tesla, Amazon, Meta, Alphabet, and Nvidia) in the dust!
- Jeroen Blokland of Blockland Smart Asset Fund notes these inflows are even more than Invesco's Nasdaq 100 ETF. Talk about a plot twist!
- With Bitcoin ETFs holding over 4.6% of BTC supply, analysts predict BTC could hit $88,500 by September. Yeehaw! ๐
Stay tuned, crypto cowboys!