Bitcoin ETF Surge Signals Growing Demand, Could Investors be Shifting Away from USD?

A recent surge in bitcoin exchange-traded fund (ETF) inflows has pushed the cryptocurrency’s price to new heights. Analysts suggest this trend might indicate a shift away from traditional safe haven assets like the US Dollar. Bitcoin ETFs saw net inflows of $3.24 billion last week, exceeding previous record highs. This comes as companies are investing in crypto assets like bitcoin through these ETFs, potentially signaling increased confidence in the asset’s future.