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Spot Bitcoin ETF Inflows Shoot Over $555 Million, Is It A Better Bet Than MicroStrategy? Coingape 1 day ago

Spot Bitcoin ETF Inflows Shoot Over $555 Million, Is It A Better Bet Than MicroStrategy? 💰

The inflow into spot Bitcoin ETFs saw exponential growth at the start of October, with a sharp increase reported this Monday. ETFs in the United States reported a $555 million inflow, acquiring over 8,359 Bitcoins. This surge presents noteworthy interest in these ETFs.

Intriguingly, these inflows surpass those recorded last Friday, totaling $253 million. The heightened influx occurs amidst ongoing activities in the US stock markets.

Consideration arises on whether spot Bitcoin ETFs might present a better investment alternative to MicroStrategy, a prominent Bitcoin-buying entity. The dynamics between spot Bitcoin ETF inflows and investment opportunities relative to companies like MicroStrategy remain pivotal.

Source: coingape.com ↗

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