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Bitcoin surged past $110,000 on June 9, fueled by strong ETF inflows and renewed institutional interest. The rally reflects easing macroeconomic tensions and growing corporate adoption of BTC as a treasury asset.
- Spot Bitcoin ETFs saw over $11 billion in inflows in seven weeks, driving institutional demand.
- BTC reserves on centralized exchanges continue to decline, signaling reduced selling pressure.
- Corporate adoption accelerates, with filings and treasury allocations picking up pace.
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Other Tags: Spot Bitcoin ETFs, Standard Chartered