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ARK report: Bitcoin breaks through $112,000 new high, ETF monthly inflow of $5.5 billion
According to the Gate News bot, a report by CoinDesk states that ARK Invest's latest research report shows that Bitcoin recorded an 11.1% rise in May, reaching a historic high price of $112,000. The data indicates that Bitcoin ETF saw an inflow of $5.5 billion in May, surpassing the inflow scale of gold ETF.
During the same period, the U.S. real estate market saw the number of home sellers exceed buyers, and auto market sales fell to 15.6 million units. The ARK report pointed out that these changes are related to the Federal Reserve's continuous interest rate hikes that began in 2022.
ARK首席执行官Cathie Wood在报告中表示："We don't see speculative fervor in this rally. This looks more like a strategic reallocation away from stressed assets and into Bitcoin."
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