• 07 November, 2024
Bitcoin

Bitcoin ETFs Report $2.22B Inflow, Third Highest Ever

Last week, Bitcoin spot ETFs experienced a significant net inflow of $2.22 billion, marking the third-largest weekly inflow in US history. BlackRock’s IBIT led the way with a notable $2.15 billion influx, showcasing strong institutional interest ahead of the Presidential elections. In contrast, Ethereum spot ETFs saw a modest inflow of just $13 million amid ongoing market volatility.

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