Bitcoin has seen notable volatility this week, hitting a peak of US$69,470 before levelling off to where it started earlier in the week. Meanwhile, US spot Bitcoin ETFs have reached record-breaking asset values, following a six-day streak of inflows. Ten months after their launch, these funds now boast total net inflows exceeding US$20 billion—a milestone that took gold ETFs about 5 years to reach, according to Bloomberg’s senior ETF analyst, Eric Balchunas.
