Bitcoin exchange-traded funds (ETFs) are seeing a surge in interest from various market participants, with retail investors, hedge funds, and financial advisors leading the way in terms of buying activity. According to Bitwise Chief Investment Officer, larger players are expected to follow suit in the coming months.
# Tax season is approaching
Investors are keeping a close eye on the gold market as it faces the potential for a larger correction following the release of hot US Consumer Price Index (CPI) data. The rising CPI figures have raised concerns about inflation, prompting a sell-off in both gold and tech-heavy Nasdaq 100.
Chinese company BYD (Build Your Dreams) has exceeded Tesla’s valuation in the electric vehicle market, becoming the largest EV company in the world. This accomplishment highlights the significant strides that BYD has made in the automotive industry.
