BTC Surges 2.55% as Morgan Stanley ETF Launch and Institutional Inflows Propel Price to $71,651

Bitcoin (BTCUSDT) has experienced a 2.55% price increase over the last 24 hours, currently trading at 71,651.80 USDT according to Binance data. This upward movement is largely attributed to several positive developments, including the launch of Morgan Stanley’s spot Bitcoin ETF on NYSE Arca with a $34 million inflow and a 0.14% fee, as well as a significant addition of 7,400 BTC by institutional investors—the largest such increase since mid-2025. Additionally, a temporary ceasefire agreement between the US and Iran has contributed to broader financial market stability, enhancing risk appetite among investors. The asset saw robust trading volumes, fluctuating between 68,300 and 72,861 USDT over the past day, with a market capitalization nearing $1.4 trillion and 20 million BTC in circulation.