ETFs acquired around 25,700 BTC last week, almost equal to the entire new Bitcoin supply mined during that period, tightening the market.
Institutional embrace of Bitcoin as a hedge against inflation and uncertainty, with trading volumes rising 55% week-over-week, legitimizes Bitcoin as an institutional asset class.
Total assets under management across Bitcoin ETFs now exceed $70 billion, cementing Bitcoin's reputation as an institutional asset.
#bitcoin-etfs #institutional-investment #market-trends #regulatory-environment #hedge-against-inflation
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