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Bitcoin Spot ETFs Hit $1.1B Inflows, BlackRock IBIT Sets Record Turnover Coincu 12 Nov 2024

Bitcoin Spot ETFs Hit $1.1B Inflows, BlackRock IBIT Sets Record Turnover 📈

USA Bitcoin Spot ETFs BlackRock

Bitcoin spot ETFs are experiencing a surge in popularity, demonstrated by their combined net inflows reaching $1.114 billion as of yesterday.

This influx signifies a strong investor confidence in Bitcoin and further legitimizes its role in the financial market.

Notably, BlackRock's IBIT ETF recorded a significant turnover, setting a new benchmark.

This trend suggests a growing acceptance and institutional interest in cryptocurrency, particularly Bitcoin, as a mainstream investment option.

Source: coincu.com ↗

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