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Bitcoin ETF Demand Hits Record Highs Amid $80k Rally

Guavy AI Editorial Team
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BTC
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The U.S. spot Bitcoin ETFs have seen significant growth in subscriptions for the third straight week, absorbing $337.6 million in new investments.

This marks six consecutive weeks of inflows totaling about $2.26 billion, with steady subscriptions creating persistent buying demand that can help absorb available Bitcoin as its price pushes through resistance.

According to Farside data, BlackRock's IBIT led the way with $208.9 million in investments, while Fidelity's FBTC added $104.6 million, representing the largest concentration of investment capital into these two institutions so far this year.

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