Bitcoin's Price Surge Triggers Profit-Taking, But ETF Inflows Remain Strong

The Bitcoin market is experiencing a new phase following its strong price increase.

This surge has prompted some holders to sell their assets, but at a slower pace than seen in previous peaks.

Bitcoin gained 44% over the quarter, reaching nearly $85,000. However, investors realized only $2.4 billion in profits, compared to the $7-10 billion seen during previous market highs.

ETFs continue to attract capital, with a net inflow of $2.84 billion in six days. This indicates ongoing demand for Bitcoin and its derivatives.