According to Bank of America (BOFA), cryptocurrency funds are recording The largest pure infallow of 2025 ($3.06 billion).
This is also the most successful week these products have been in the very first.
On April 25th, these ETFs recorded a net inflow of $380 on Friday, expanding their impressive streak.
The massive inflow is the most likely reason why Bitcoin is currently trading at $94,000, just 13% below its current record high.
As reported by U.Today, cryptocurrency surpassed the $95,000 level earlier this week.
A recent report believes that a 10x study has eased the sudden recovery in Bitcoin mitigation of trade tensions between the US and China.
Additionally, the Federal Reserve recently removed the CEO's restrictive banking rules.