Bitcoin ETF Volume Claims Unverified, Market Remains Undeterred

Recent claims of record Bitcoin ETF volume, reaching $11.5 billion, lack official verification and support from major industry players like BlackRock, Fidelity, Ark Invest, Grayscale, and VanEck. These assertions haven’t been corroborated by data from Bloomberg or other exchanges, highlighting the market’s disconnect between alleged volume spikes and actual activity. Bitcoin’s price surge from $80,500 to $85,000 appears unrelated to these speculative claims. No regulatory bodies or institutional data support these figures. Instead of being swayed by unverified reports, focus on market dynamics influenced by broader economic factors, not isolated claims.