BITPRISMIA
US-based spot Bitcoin ETFs have recorded significant capital inflows, with a total net inflow of $2.72 billion in the past week, driven by strong performance from funds like BlackRock’s iShares Bitcoin Trust and ARK 21Shares Bitcoin ETF.
Bitcoin spot ETFs have reached a record market cap of $150 billion, driven by significant investor inflows and a surge in Bitcoin's price, while Ethereum-based ETFs are also gaining traction with $11 billion in assets.
BlackRock's Bitcoin ETF (IBIT) has seen significant growth in assets under management (AUM), surpassing other funds and demonstrating strong institutional interest in Bitcoin.
Bitcoin is projected to reach $200,000 by the end of 2025, driven by on-chain signals, institutional demand, and a weakening U.S. Dollar Index, though high profitability suggests significant volatility.