Crypto Market Sees Record Inflows, Drives Up Bitcoin Price
The crypto market has seen significant inflows in recent weeks, with a record $3.2 billion pouring into crypto funds last week alone.
This marks the biggest weekly intake since October's flash crash and is a strong sign that institutional investors are regaining confidence in the market.
iShares Bitcoin Trust ETF (NASDAQ:IBIT) saw $928 million in inflows, its largest two-week haul since the October 2025 flash crash.
This influx of funds has driven up the price of Bitcoin, which is now trading at $78,142, a 24% increase over the past month.
iBIT itself is up 25.34% over the same period and has surpassed its previous high since it began trading.