Bitcoin ETFs Rise Record $1.38 Billion — Institutions Buy BTC

Bitcoin reached $76,990 yesterday, one of its most bullish days ever. This milestone has boosted investor confidence and optimism for additional growth.

Carl Runefelt data shows $1.38 billion in net daily inflows for Bitcoin ETFs, a record. Institutional buyers like BlackRock are purchasing Bitcoin for long-term growth, resulting in this record total.


Bitcoin is poised for more gains as significant investors join the market after the recent technical breakthrough and fundamental change led by institutional confidence.

New Bitcoin High

Bitcoin has reached an unprecedented height, thrilling the crypto community. After Donald Trump won the U.S. election, this historic gathering occurred.

Market sentiment shows that Trump's pro-crypto position may have boosted U.S. investors' trust in Bitcoin as a hedge against shifting economic policies.

The latest positive turn among institutions followed a 7-month accumulation period that raised doubt on Bitcoin's ability to hit new highs this year. Market volatility and unpredictability made investors wary.


Bitcoin's latest climb may signal a long bullish trend due to historic institutional support. The market finds fresh momentum when huge firms like BlackRock acquire ETFs. Analysts say Bitcoin's current price behavior may be the start of a broader bull run.

BTC Rising: Strong Price Action

Bitcoin is at $76,000 after hitting record highs. BTC is consolidating above its $73,800 record. Bulls need to maintain above this price zone to sustain Bitcoin's advance. Analysts monitor this level; if BTC can respect it, positive momentum may continue, encouraging additional increases.

However, the current enthusiasm may lead to stabilization below $77,000, which some analysts consider a short-term local peak. Markets may take awhile to surpass this barrier as they digest recent gains and await new triggers for another breakthrough.

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