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Bitcoin surpasses 142 million KRW... Institutional investor funds accelerate inflow
Source: TokenPost Original Title: Bitcoin Surpasses 142 Million Won… Institutional Investor Funds Accelerate Inflow Original Link: Bitcoin has surpassed 142 million won, reaching its highest point in two months. Recently, inflows of institutional funds through US spot ETFs have driven the upward trend, and positive signals are also emerging in the derivatives market.
Bitcoin recently broke through 142 million won, hitting a two-month high. Currently, Bitcoin is trading at 142.03 million won, down slightly by 0.05% from the previous day. Experts analyze that this upward trend is thanks to improved sentiment in the derivatives market and the inflow of institutional investor funds.
In fact, approximately 2.3 trillion won (about 17 billion USD) has flowed into US spot Bitcoin ETFs over the past three days. Notably, on the 15th alone, 1.15 trillion won (about 8.436 billion USD) was invested, with BlackRock’s iBIT accounting for about 888 billion won (about 648 million USD). This marks a clear reversal after a fund outflow of 9.32 billion won (about 68.1 million USD) in early January.