Bitcoin ETFs Experience Huge Buying Spree – Market Turning Point?
Recent reports indicate that U.S. Spot Bitcoin ETFs have acquired a substantial amount of Bitcoin on Thursday, totaling 29,450 BTC this week alone, which translates to approximately $2.65 billion. This influx could signal a pivotal moment in the market’s dynamics. The question now is whether these movements indicate a broader trend that might propel Bitcoin towards its previous all-time highs. Investors are watching closely to see if this momentum continues and how it could reshape the market landscape going forward.