Spot Bitcoin ETFs record $10 billion in daily volume, breaking previous record
ETF performance coincides with BTC reaching a new all-time high.
Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.
IBIT has reached its current level just two months after launch.
Global crypto ETPs see record trading volume matched by second-largest weekly flow.
Bitcoin's bullish trend bolstered by institutional demand and shifting investment patterns.
Lubin believes that this shift will result in a "super cycle" for the crypto industry as monetary systems evolve and wealth is transferred to the younger generations.
Sonnenshein said spot Bitcoin ETFs have seen "tremendous" flows and demand since their launch in January.
Kendrick believes that several catalysts will drive demand for Bitcoin to unprecedented levels, resulting in a sustained two-year rally.