Bitcoin firms bought $1.2B last week, but BTC ETFs stole the show
While Bitcoin treasury companies accumulated $1.2 billion in BTC last week, analysts suggest that Bitcoin’s new all-time high was more likely driven by inflows into Bitcoin exchange-traded funds.
Bitcoin went on to spike coming into the weekend, hitting a new all-time high of over $125,000 on Saturday.
Bitcoin (BTC) treasury companies purchased more than 6,702 coins over the week,
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