Bitcoin ETFs, such as $IBIT, experienced a significant surge in trading volume, reaching $3.3 billion, the highest in six months. This increase is unusual, considering Bitcoin’s 4% rise, as ETF volume typically spikes during downturns or crises. However, the volume spike could be attributed to a FOMO-induced frenzy, similar to $ARKK in 2020. Given the recent surge in Bitcoin’s price, it is likely that this trend will continue, leading to substantial inflows in the coming week.
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