Best Crypto to Buy as BTC ETF Buys Hit $3B in 1 week
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Spot Bitcoin ETF flows indicate that institutional demand is reaching new heights.
Expert ETF analyst Eric Balchunas said that ETFs are on a “Bitcoin bender” as net inflows surpassed $3 million last week. He highlighted that BlackRock’s $IBIT ETF was the world’s best-performing ETF last Wednesday, pointing out “just how fast the flows can go from 1st gear to 5th gear.”
Strategy CEO Michael Saylor believes that $IBIT’s momentum will continue, speculating that it will be “the biggest ETF in the world in ten years.”
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