ETF News: Bitcoin Reaches $100,000 Again, Leading to Influx of Inflows and Growing Options Caution.
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Bitcoin ETFs attracted more capital on Thursday as the cryptocurrency surged past the $100,000 mark for the first time since February. Major ETFs did not experience any outflows, indicating renewed institutional confidence in Bitcoin's long-term prospects.

Bitcoin-backed ETFs received a net inflow of $117.46 million on Thursday, slightly lower than the previous day's inflow of $142.31 million. Despite a minor decrease possibly due to profit-taking after the price surge, consistent inflows suggest growing investor trust in Bitcoin.

BlackRock's iShares Bitcoin Trust (IBIT) led in daily inflows, receiving $69 million, while Fidelity's FBTC followed with $35.34 million. Notably, all 12 ETFs recorded net inflows, reflecting positive investor sentiment.

The rally in Bitcoin prices above $100,000 sparked increased interest in futures trading, evident from the rising open interest of $67.45 billion. The funding rate has also surged to its highest level since February, indicating strong demand for long positions in the futures market.

Despite the bullish stance of ETF investors and futures traders, the options market shows a cautious approach with a growing interest in put options for downside protection. The market sentiment mix could influence short-term price movements as Bitcoin's rally and sustainability are evaluated.

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