Bitcoin Eyes $114,000: Institutional Buying Fuels Renewed ETF Demand

Bitcoin is experiencing a resurgence in attention from analysts and investors alike. The cryptocurrency is currently trading above $108,450, driven by renewed ETF inflows from institutions and growing anticipation for the next major price surge. 9 out of 12 U.S. spot Bitcoin ETFs saw positive flows this week, totaling $477 million in net inflows, led by BlackRock’s IBIT with over $210 million. This resurgence in buying signals confidence from institutions as a hedge against global uncertainties.