Wed, April 30, 2025
Tue, April 29, 2025
Mon, April 28, 2025
Sun, April 27, 2025
Sat, April 26, 2025
Fri, April 25, 2025

Bitcoin climbs above $95,000 as the cryptocurrency's ETFs rake in $3 billion


//stocks-investing.news-articles.net/content/202 .. the-cryptocurrency-s-etfs-rake-in-3-billion.html
Published in Stocks and Investing on by Fortune   Print publication without navigation

Bitcoin is increasingly seen as a safe haven from a volatile traditional stock market.

Bitcoin surged past $95,000 on April 28, 2025, marking a significant milestone driven by heightened institutional interest and the robust performance of Bitcoin ETFs. The cryptocurrency's value increased by 5% in a single day, reflecting strong market confidence. This surge was partly fueled by the record-breaking inflows into Bitcoin ETFs, which saw their highest weekly investments since their inception, totaling over $2 billion. Analysts attribute this bullish trend to a combination of factors, including clearer regulatory frameworks, increased mainstream adoption, and the anticipation of the next Bitcoin halving event scheduled for later in the year. The market's positive sentiment is further bolstered by major financial institutions announcing plans to offer Bitcoin-related financial products, signaling a maturing market.

Read the Full Fortune Article at:
[ https://fortune.com/crypto/2025/04/28/bitcoin-climbs-above-95000-bitcoin-etfs-big-week/ ]

Publication Contributing Sources