PANews
PANews|May 10, 2025 03:14
Bitcoin breaks $100000 again, and the biggest driving force behind it is not the community, but the financial giant on Wall Street - BlackRock. On May 8th, BlackRock's Bitcoin spot ETF IBIT had a net inflow of $6.97 billion for the year, surpassing the world's largest gold ETF GLD, marking the full launch of the "digital gold" era. IBIT not only ended GBTC's monopoly, but also accelerated the entry of traditional capital into the Bitcoin market. But IBIT is just the prologue.
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