Is $100k BTC Price Back in Play? Bitcoin ETFs Record Largest Inflow Since October Crypto Crash

TL;DR:

The BTC price has started this year in greater strength, and analysts have now started calling for a return to $100,000 per coin. This also comes when spot bitcoin ETFs experienced their biggest inflows yet since the crypto crash in October.

Key Points:

Background:

Exchange-Traded Funds (ETFs) are investment vehicles that track cryptocurrency prices and trade on traditional stock exchanges. Bitcoin and Ethereum ETF approvals have been major milestones for crypto adoption, allowing institutional and retail investors to gain exposure without directly holding digital assets.

Why It Matters:

ETF approvals are significant because they provide regulated access to cryptocurrency investments for traditional finance investors, potentially bringing billions in new capital to the crypto market. They also signal regulatory acceptance and legitimization of digital assets as an investment class.