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Quant Fund
Top asset management team helps you profit without hassle
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20 USDT
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ARK Report: BTC Monthly Rise of 11.1% Hits New High, Fund Inflows Three Times That of Gold ETF
According to the latest report from an investment institution led by Cathie Wood, Bitcoin rose 11.1% in May to a new high of $112,000, while the U.S. real estate and auto markets showed significant weakness. Housing supply exceeded demand, and car sales plummeted from more than 17 million in April to 15.6 million in May. The agency said that Bitcoin’s rally was not accompanied by a speculative frenzy, with ETF inflows reaching $5.5 billion, three times that of gold ETFs over the same period, suggesting that investors may see Bitcoin as a safe-haven asset rather than a speculative tool, and rationally reallocate assets under economic pressure.