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Bitcoin ETF Swallows 12,000 Bitcoins in a Day: Poised to Break 1 Million Milestone by November Coinotag 3 settimane fa

Bitcoin ETF Swallows 12,000 Bitcoins in a Day: Poised to Break 1 Million Milestone by November 📈

Bitcoin exchange-traded funds (ETFs) have experienced a notable surge in investor interest, as they amassed 12,000 Bitcoins in just one day on October 30. This rapid accumulation highlights the strong demand for Bitcoin ETFs among investors and analysts alike.

Industry experts, including senior analysts like Eric Balchunas, suggest that this trend could continue, with Bitcoin ETFs potentially surpassing the one million Bitcoin milestone by November. This development underscores the growing prominence of ETFs in the cryptocurrency market.

The expansion of Bitcoin ETFs reflects their attractiveness as investment vehicles that provide indirect exposure to Bitcoin, aligning with the growing interest in digital assets. The potential milestone indicates a substantial inflow of capital into the cryptocurrency market through these investment products.

Fonte: en.coinotag.com ↗