Bitcoin Hits Record High of $57,000 Amid Surging ETF Volume
TL;DR Summary
Bitcoin surged past $57,000, marking a price level not seen since November 2021, while BlackRock's Bitcoin spot ETF achieved a record-breaking $1 billion in daily trading volume, placing it among the top 11 ETFs in terms of volume. The milestone demonstrates significant institutional interest in the cryptocurrency, with BlackRock's offering leading in inflows since its approval. The surge in ETF activity has brought renewed optimism for Bitcoin ahead of its upcoming halving event in April, which is expected to reduce the total daily supply of new Bitcoin hitting the market.
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- Bitcoin Tops $57K as Rally Picks Up Steam CoinDesk
- Bitcoin Crosses $57000 For First Time Since 2021 As Bitcoin ETFs Log Record Volume Investor's Business Daily
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