Bitcoin ETFs Fuel Record Inflows, Reaching New All-Time Highs

Bitcoin’s recent surge past $106,800 has been fueled by a strong wave of institutional investment flowing into Bitcoin Exchange Traded Funds (ETFs). Since April, these ETFs have seen an influx of $6.63 billion in net inflows, contributing to the price climb and pushing Bitcoin into six-figure territory. This massive inflow is driven primarily by whales – large investors holding significant amounts of Bitcoin – as their confidence in the asset continues to grow. Retail wallets are also actively participating in the accumulation, with holdings steadily increasing despite some volatility.