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Bitcoin ETF Flows Flip to Positive After Two Weeks, Bitwise CIO Flashes Massive Adoption Coingape vor 1 Woche

Bitcoin ETF Flows Flip to Positive After Two Weeks, Bitwise CIO Flashes Massive Adoption 📈

Bitwise Bitcoin

After two weeks of significant outflows, totaling more than $1.2 billion, the inflows into spot Bitcoin ETFs have flipped to positive. This turnaround is concurrent with Bitcoin’s price recovery, which has seen a 4.40% increase, bringing the price to $57,100.

This recent uptick in Bitcoin's ETF inflows indicates a renewed investor interest and confidence, following a challenging period marked by considerable market volatility.

Notably, the rebound in Bitcoin’s price comes after a weekend crash, highlighting the cryptocurrency's volatility and the growing intricacies of the digital asset market.

Source: coingape.com ↗

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