Bitcoin ETFs Swell by $1 Billion as Investor Sentiment Shifts
Bitcoin ETFs have attracted over $1 billion in new investments over the past three days, pushing the cryptocurrency's price to nearly $73,000.
This influx of cash has been largely driven by BlackRock's iShares Bitcoin Trust, which has received $588.5 million since Monday.
The surge in investment comes as investor sentiment turns bullish, with Bitcoin's price rising 10% over the past 24 hours to reach $72,606.
President Trump recently met with crypto executives and regulators at the White House, highlighting the growing interest in the industry.