MetaMask - Sponsor Image MetaMask - Trade everything with MetaMask Friend & Sponsor Learn more

Bitcoin Powers On

BTC breaks $47K on the heels of big ETF inflows.
Bitcoin Powers On
5
0

Subscribe to Bankless or sign in

Bitcoin Bitcoin doesn't want to stop. Early this morning, the OG crypto broke $47,000 again as ETF inflows showed Thursday emerging as a landmark day for spot ETFs, marking a significant milestone since their launch.

The price climb followed on the heels of a notable 9,260 BTC increase for spot ETFs in their net bitcoin holdings yesterday—equal to over $400 million in inflows, the highest since Jan. 17th. Bloomberg ETF’s James Seyffart James Seyffart notes this marks the 3rd biggest day for inflows so far.

Citizen-only content

Upgrade to continue reading

  • Support the Bankless Movement
  • Premium Feed: Ad Free & Bonus Content
  • Daily Market Analysis & Research
  • Airdrop Hunter: Guided, Vetted Projects
  • Claimables: Find & Claim Airdrops + more
  • Private Discord w/ David & Ryan
Explore all the benefits Become a Citizen

David Christopher

Written by David Christopher

557 Articles View all      

David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

No Responses
Get the Full
Bankless Experience

Get exclusive access to this content, token insights, and airdrop insider access!

Support Crypto-Native Media!

100+ Airdrop Hunter Guides

Exclusive Newsletter Analysis

Daily Token Hub Ratings

Private Discord w/ Bankless team

Exclusive Alpha

Bonus Citizen-Only Episodes

Support Crypto-Native Media!

PLUS $1,367+ of value in Premium Deals! Premium awaits!

Upgrade to Premium

Already premium? Sign In

Search Bankless