Spot Bitcoin and Ether exchange-traded funds (ETFs) in the U.S. continue to show strong performance, with a significant daily trading volume of $8 billion. This surge in activity has been fueled by rising inflows, particularly on November 13th, when $510.11 million was recorded in 12 Bitcoin ETFs.
Among the ETFs, Blackrock's IBIT has been at the forefront, attracting considerable interest from investors. These developments have pushed Bitcoin to hold strong above the $90,000 mark, reiterating the asset's growing appeal in the investment landscape.
Overall, the ETF market is captivated by this rising momentum as major financial players, including Fidelity, navigate their positions within the crypto ecosystem. This ETF frenzy underscores the increasing integration of crypto into mainstream financial markets and highlights investor demand for convenient exposure to Bitcoin.
