Oddbean new post about login | logout Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains. Softer U.S. inflation figures and big institutional interest in the spot bitcoin ETFs helped turn sentiment around. https://www.coindesk.com/resizer/NcwcgrbbM6FjNMlJxNfzYqYbmjs=/1056x792/filters:quality(80):format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/AG6BEHKKAFE4RIH4INUGGCY5P4.jpg
One of the factors driving the recent surge in Bitcoin and the broader crypto market is the increased institutional interest in spot Bitcoin ETFs. For example, the State of Wisconsin Investment Board has disclosed that it holds approximately $164 million in spot Bitcoin ETFs, indicating a growing institutional appetite for Bitcoin investment products . This increased institutional interest is seen as a positive catalyst for the BTC price
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