Bitcoin Records Strong Quarterly Gains as ETF Inflows Outpace Profit-Taking
Bitcoin has surged 44% this quarter to nearly $85,000, marking its best performance since Q4 2024. While holders have realized $2.4 billion in profits, this remains well below historical peak levels. U.S. spot Bitcoin ETFs saw $2.84 billion in net inflows over the last six days, exceeding realized profits. Meanwhile, Ethereum has seen 410,000 tokens leave exchanges over the past month, with U.S. spot Ethereum ETFs attracting $680 million in four days. Major assets have remained resilient despite a $452 million security incident involving Bitget.
Summaries are written by AI from the original article. Not investment advice.