Bitcoin's price surged past $61,000 as the U.S.-spot ETFs saw substantial inflows, indicating strong market interest, especially with BlackRock leading the charge.
The uptick in bitcoin options, tied to the U.S. election, signifies trader confidence, with call options representing a bullish sentiment about future market movements.
State Street’s collaboration with Taurus represents a significant step towards crypto asset custody, reflecting the financial sector's increasing embrace of digital assets.
Overall, Bitcoin's performance, alongside rising ETF inflows and bullish options activity, illustrates a vibrant crypto market entering a new phase of growth.
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