#Bitcoin ETF Holdings Surpass $4.5 Billion#

Recently, the market value of Bitcoin ETF holdings has surpassed $4.5 billion, reflecting continued market optimism towards cryptocurrencies. The market value of Bitwise Bitcoin ETF BITB has increased by approximately $500 million in the past two months, reaching $4.547 billion. Meanwhile, CME Bitcoin options trading has shown strong bullish sentiment, with options trading skew rising to 4.4%, a new high since early November. This indicates that investors are optimistic about the future direction of Bitcoin prices. Additionally, US-listed Bitcoin ETFs witnessed daily net inflows of $802 million, with BlackRock's IBIT contributing $662 million. Continued institutional fund inflows and a reduction in selling by long-term holders have created new upside potential for Bitcoin prices. Analysts believe that the continued growth in Bitcoin ETF holdings and sustained institutional fund inflows will push Bitcoin prices further upward.