✉news BusinessCrypto first seen 10 h ago, last 39 min ago, peak #3
Bitcoin Rises for Third Straight Week on ETF Demand
Original: Bitcoin rises for third straight week on strong ETF demand
Bitcoin has recorded weekly gains for the third consecutive week, with Bloomberg reporting that strong demand from spot exchange-traded funds is driving the rally. Institutional inflows into US-listed Bitcoin ETFs continue to underpin prices, keeping the cryptocurrency near its recent highs and renewing talk of renewed bull-market momentum.
Why now: Continued ETF inflows are lifting Bitcoin's price, drawing investor and media attention to the sustainability of the rally.
Evidence
- Bitcoin rises for third straight week on strong ETF demand · qz.com
- Bitcoin Rises for Third Straight Week on Strong ETF Demand · Bloomberg.com
- Bitcoin Rises for Third Straight Week on Strong ETF Demand · Bloomberg.com
- Bitcoin Rises for Third Straight Week on Strong ETF Demand · Bloomberg.com
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