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US Spot Bitcoin ETFs Surpass $30B Cumulative Inflows Amid Market Rally TheNewsCrypto 22 Nov 2024

US Spot Bitcoin ETFs Surpass $30B Cumulative Inflows Amid Market Rally 📈

The cumulative total net inflow for U.S. spot Bitcoin ETFs has exceeded $30 billion for the first time since their launch in January. This marks a significant milestone in the cryptocurrency market.

The strong market sentiment, following former President Trump's re-election, has contributed to increased trading activity and net inflows for Bitcoin ETFs. This highlights the growing interest and investment in cryptocurrency as a financial asset.

Wednesday marked a notable peak as trading for Bitcoin ETFs continued to surge along with positive market movements. Investors are increasingly optimistic about the future of Bitcoin and its role in mainstream finance.

Sumber: thenewscrypto.com ↗

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