For the first time since January 2024: US spot bitcoin ETFs have two consecutive days with over $ 1 billion
For the first time since January 2024: US spot bitcoin ETFs have two consecutive days with over $ 1 billion
record inflows in US-based spot Bitcoin ETFS
In the past few days, US-based spot Bitcoin Exchange-Traded Funds (ETFs) have set an important record. In two consecutive days, these financial instruments recorded refuses of over $ 1 billion. This event is remarkable because it is the first time since the introduction of the ETFs in January 2024 that such high inflows are recorded within such a short period of time.
The development indicates that investors' interest in Bitcoin and other cryptocurrencies continue to grow. Spot Bitcoin ETFs enable investors to invest directly in Bitcoin without having to own cryptocurrency itself, which gives these products an additional incentive.
The positive inflows can be seen as an indicator of the increasing acceptance of cryptocurrencies in the mainstream. Investors seem to recognize the potential of Bitcoin as a wealth and use the opportunity to invest in Bitcoin via regulated and covered financial products.
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