Despite the escalating geopolitical tensions between Iran and Israel, the Bitcoin (BTC) Exchange-Traded Fund (ETF) market continued to show strong buying momentum. Over the past 5 trading days, there has been continuous capital inflow, with the total inflow exceeding $1.3 billion (approximately 1.807 trillion won).
According to the British investment information company Parsyde Investors, the net inflow of Bitcoin ETF began on June 9th (Monday) with $386 million (approximately 53.67 billion won) entering the market, followed by continuous daily inflows until Friday. On the final trading day, June 14th, an additional $301 million (approximately 41.79 billion won) was injected.
Experts analyze that Bitcoin is being perceived not as a risky asset but as 'digital gold', once again attracting attention as a safe-haven asset amid uncertainty. Particularly, considering the sluggish ETF capital flow since mid-April, this rebound appears to be a confident buying trend centered on institutional investors.
There are also observations that Trump's recent public statements openly advocating for Bitcoin have served as a psychological support. As cryptocurrency emerges as a policy agenda ahead of the US election, the Bitcoin market is entering a new phase where politics and capital intersect.
Real-time news... Go to Token Post Telegram
<Copyright ⓒ TokenPost, Unauthorized Reproduction and Redistribution Prohibited>