$BTC Approaches $100k as Institutional Inflows Rise

The post $BTC Approaches $100k as Institutional Inflows Rise appeared first on Coinpedia Fintech News

Bitcoin surged to $99,600, within 0.4% of the $100K milestone, as $1.38B USDT flowed into exchanges over the past 15 hours. Bitcoin ETFs saw net inflows of 10,495 BTC ($1.03B), with BlackRock adding 6,188 BTC ($606.5M), bringing its total holdings to 487,458 BTC ($47.78B). Ethereum ETFs gained 460 ETH ($1.52M), with Fidelity contributing 5,000 ETH ($16.55M), increasing its holdings to 229,750 ETH ($760.47M). Bitcoin currently trades at $98,539.