Bitcoin ETF Reports Record $243.4 Million Inflows amidst BTC Price Surge

Thursday, 28 March 2024, 12:51
The ARK 21Shares Bitcoin ETF recorded a historic milestone with over $200 million in daily inflows as the BTC price surged beyond $72,000, following a brief dip below $63,000. This substantial increase in investor interest and capital injection highlights the growing confidence in Bitcoin and the broader cryptocurrency market during this period of market volatility. The impressive inflow figures demonstrate a renewed bullish sentiment among investors as Bitcoin continues its upward trajectory, signaling positive market momentum.
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Bitcoin ETF Reports Record $243.4 Million Inflows amidst BTC Price Surge

ARK 21Shares Bitcoin ETF Records New Inflow Milestone

The bitcoin ETF market witnessed a noteworthy achievement as the ARK 21Shares Bitcoin ETF surpassed $200 million in daily inflows. This milestone comes amidst a period of increased market volatility and a surge in BTC price.

Key Highlights:

  • Record Inflows: ARK 21Shares Bitcoin ETF registered $243.4 million net inflows in a single day.
  • Market Response: The inflows coincided with Bitcoin's price movement, rallying above $72,000 after a recent dip.

This significant uptick in investor interest and capital inflow reflects a positive sentiment towards Bitcoin and cryptocurrencies, indicating growing confidence in the market's resilience.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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