"Bitcoin ETFs Drive Record Inflows, BlackRock and MicroStrategy Lead $14B Bitcoin Battle"
TL;DR Summary
Bitcoin surged above $73,000 after a $360 million liquidation event, with spot BTC ETFs seeing record inflows of over $1 billion in net inflows on Tuesday, led by institutional investors. Blackrock recorded $849 million in inflows, while Grayscale saw outflows of $79 million, pushing total inflows past $4 billion. Market sentiment remains bullish, with expectations of a "sell-side crisis" later this year as ETF buying demand continues to rise.
- Bitcoin Eyes $74K as BTC ETFs See Record $1B in Net Inflows CoinDesk
- Crypto Product Inflows Soar to Record High, CoinShares Says Yahoo Finance
- BlackRock, MicroStrategy locked in $14 billion duel to hold the most bitcoin TheStreet
- BlackRock's Bitcoin ETF AUM up 50% in a week amid market rally CryptoSlate
- Ranked: The Largest Bitcoin ETFs in the U.S. Visual Capitalist
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