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US Bitcoin ETFs see record inflows of $588 million - BlackRock leads with 436 million, while Bitcoin heads to ATH of $112,000 at $107,000.
US Bitcoin ETFs See Record-Breaking 11-Day Inflow Wave Over the past few days, US Bitcoin ETFs have shown remarkable performance, recording a total inflow wave of $588 million. This positive development is largely led by BlackRock, whose funds alone contributed $436 million to the inflows. In parallel with this impressive inflow, the Bitcoin price is rising and is currently at $107,000. Analysts and investors are now focusing on the historic all-time high (ATH) of $112,000, which is the next target. The continuous inflows into Bitcoin ETFs reflect the increasing interest of institutional investors in digital assets and...
US Bitcoin ETFs see record inflows of $588 million - BlackRock leads with 436 million, while Bitcoin heads to ATH of $112,000 at $107,000.
US Bitcoin ETFs record record 11-day inflows
In recent days, US Bitcoin ETFs have shown remarkable performance, recording a wave of inflows totaling $588 million. This positive development is largely led by BlackRock, whose funds alone contributed $436 million to the inflows.
In parallel with this impressive inflow, the Bitcoin price is rising and is currently at $107,000. Analysts and investors are now focusing on the historic all-time high (ATH) of $112,000, which is the next target.
The continued inflows into Bitcoin ETFs reflect the increasing interest of institutional investors in digital assets and could indicate that Bitcoin is on a stable growth path. This development could also be seen as an indicator of broader acceptance of cryptocurrencies in the traditional financial market.
Overall, the market shows that investment strategies and trust in Bitcoin as a digital currency alternative are becoming increasingly important.