Inflows of up to $63 million into the BTC ETF were observed last Friday, the highest in nearly 80 days, leading to Grayscale's net flows rising to $378.5 million recently.
Grayscale introduced the Bitcoin Mini Trust with lower fees to compete in the Bitcoin ETF market, aiming to provide investors a more cost-effective option.
Markets reacting to Grayscale's strong marketing and increased liquidity, potentially supporting price recovery with BTC ranging between $62,000 and $64,000.
The emergence of Bitcoin Exchange-Traded Funds is rekindling public interest in cryptocurrencies, with the possibility of BTC price reaching $70,000 or $80,000.
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