Bitcoin Soars to $62,000 as Pension Funds Continue to Invest in ETFs

Bitcoin’s value surged to a high of $62,745 late Thursday, bolstered by a significant influx into exchange-traded funds (ETFs). On Thursday alone, Bitcoin ETFs saw a record inflow of $194.6 million, the highest amount in the last two trading weeks. BlackRock’s iShares Bitcoin Trust (IBIT) led this surge, with an inflow of $157.6 million. Following closely, the WisdomTree Bitcoin Fund... source: https://beincrypto.com/bitcoin-jumps-pension-fund-bet-etfs/