There is a massive rush for ownership in the Bitcoin market. Driven by institutional interest and soaring prices, investors are rushing to join the frenzy of the digital gold rush. Bitcoin hit a new record high of $73,750 on March 153th, surpassing previous levels and causing a stir in the financial industry. In a related article, JPMorgan draws comparisons between cryptocurrency and smoking cigarettes. De open rentecijfers voor Bitcoin zijn aanzienlijk gestegen. This rapid rise in the stratosphere is happening at the same time as a significant increase in open interest for Bitcoin futures contracts, a measure of investor anticipation for future price changes. SoSo Value, a company that analyzes cryptocurrencies, reported that open interest has reached an impressive $34 billion, exceeding the highest point from the bullish period in 2021. Cet article de SoSo Value est excellent. Bitcoin ETFs: An entry point for the financial industry. This increase in investor excitement is not restricted to the conventional futures markets. Bitcoin ETFs that mirror the price of Bitcoin are seeing a surge in investments. BlackRock’s iShares BTC ETF (IBIT) received a remarkable $850 million in a single day on March 12, marking the highest daily inflow for a Bitcoin ETF. The increased interest from institutional investors reflects a growing acceptance of Bitcoin as a legitimate investment option. BTCUSD is currently trading at $73,397 according to TradingView.com.