U.S. spot BTC ETFs have seen over $1 billion in net inflows, with BlackRock’s IBIT leading at $600 million.
Bitcoin prices are a little over 1% away from reaching a landmark $100,000, close to 15 years after the asset was first issued.BTC prices spiked above $99,200 early Friday, dipping to $98,600 before holding over $99,000 in Asian afternoon hours. Overall market capitalization stands at a record $3.4 trillion, adding 4.5% in the past 24 hours, mainly on BTC’s 2% jump ., led by BlackRock’s IBIT at $600 million in purchases.
Ether is up nearly 9% in the past 24 hours, boosting various indexes that track the broader decentralized finance . Notable Ethereum-based memecoins such as mog and pepe are up as much as 27% on their tendency to act as beta bets on ETH’s growth.