Crypto
Bitcoin ETFs Soar as Investors Add $1 Billion in Three Days
Bitcoin's price surged this week, reaching nearly $73,000 on Thursday after investors added over $1 billion to exchange-traded funds (ETFs) in just three days.
The iShares Bitcoin Trust managed by BlackRock took in the lion's share of this investment, receiving $588.5 million since Monday alone.
The influx of fresh cash was driven by investor sentiment turning bullish, with President Trump meeting with crypto executives and regulators at the White House on Wednesday to discuss the Clarity Act, a bill aimed at establishing clear rules for distinguishing between digital assets.