Spot Bitcoin ETFs Witness Surge in Inflows, Reaching Highs Not Seen in 5 Weeks
Saturday, 13 July 2024, 04:09
Bitcoin ETFs Inflow Surge
The latest trading session witnessed a remarkable uptick in the inflows of spot Bitcoin exchange-traded funds (ETFs) in the U.S., surpassing $310 million.
Main Contributors
BlackRock's iShares Bitcoin Trust and The Fidelity Wise Origin Bitcoin Fund stood out as the top players, attracting the majority of investments, with $120 million and $115.1 million respectively.
Market Sentiment
This surge indicates a growing investor interest in Bitcoin-related investments, suggesting a bullish outlook in the market.
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.