Spot Bitcoin ETF inflows have turned positive after a decrease in the core CPI for December. This change initiated a rally in global equity and crypto markets, attracting significant investment interest.
On Wednesday, net inflows into Bitcoin ETFs soared to $755 million, demonstrating growing investor confidence. Fidelity's FBTC prominently led with inflows amounting to $463 million, reflecting its influential market role.
This surge in investment coincided with a rise in Bitcoin's price, indicating potential movement towards a new all-time high, fueled by broader market optimism.