Bitcoin has been rising all the way, breaking through the $100,000 mark. A large part of the demand driving the rise in Bitcoin prices has recently flowed into Bitcoin ETFs. Jay Jacobs, head of thematic and active ETFs in the United States at BlackRock, said that since its launch in January of this year, the value of the IBIT ETF has grown to over $45 billion, and its value has increased by $4.1 billion in just the past month. Jacobs said that in addition to candidates who are more friendly to cryptocurrencies winning in elections, an increasing number of investors from different wealth levels are beginning to see Bitcoin as a tool to hedge against geopolitical risks and currency depreciation caused by inflation. As ETFs become an easy way for investors to understand Bitcoin price trends, mainstream interest in cryptocurrencies reaching a critical point is only a matter of time. (Jinse)