For the first time, US Bitcoin Exchange-Traded Funds (ETFs) experienced a significant inflow of capital, reaching $28.7 million on September 9.
Fidelity, a major financial services corporation, led the pack, capturing $28.6 million from the total inflow. This marks a new milestone for Bitcoin-related financial products in the US.
The market's response indicates growing confidence and interest in Bitcoin ETFs, which provide a regulated means for investors to gain exposure to cryptocurrency.
The original post on this development appeared on 99bitcoins, a prominent cryptocurrency news platform.
