Bitcoin's value has reached a $1 trillion market cap, with a single coin peaking at over $52,000.

The cryptocurrency market is witnessing a significant increase in Bitcoin accumulation, fueled by factors like increased futures open interest, inflows to Bitcoin ETFs, and an anticipated supply halving event.

Ethereum has outperformed Bitcoin's growth, surging 33.7% and crossing the $3,000 mark, as investors place long-term bets on its potential.

Bitcoin ETFs have seen exceptional inflows, accumulating over $4.91 billion within six weeks, with total assets under management at $67 billion.

VanEck's spot Bitcoin ETF has seen a spike in trading volume and is set to reduce its entry fee ahead of supporting Bitcoin core developers, while liquidating its Bitcoin futures ETF to concentrate on spot offerings.