Bitcoin Price Soars as Institutions Pile into Spot ETFs

Bitcoin (BTC), the world’s largest cryptocurrency with a market cap of $1.3 trillion, may be approaching a new all-time high, based on inflow data. Although it repeatedly failed to break above $70,000, strong inflows into US spot exchange-traded funds (ETFs) suggest a new all-time high is possible. According to the data from CoinMarketCap, Bitcoin is The post Bitcoin Price Soars as Institutions Pile into Spot ETFs appeared first on Coin Edition .

Source: Coin Edition