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Bitcoin ETFs Soar with $479M Inflows as Price Hits $71K High The Coin Republic 6 days ago

Bitcoin ETFs Soar with $479M Inflows as Price Hits $71K High 📈

U.S. Bitcoin ETFs experienced significant financial activity on Monday, recording an impressive $479.35 million in net inflows. This figure represents the most substantial daily inflow in the past two weeks.

Leading the surge was BlackRock's iShares Bitcoin Trust (IBIT), which garnered $315.19 million alone. This influx in funds has continued for 11 consecutive days, illustrating a strong momentum in investments.

The spike in Bitcoin ETF activity has sparked considerable speculation regarding other major ETFs, particularly those associated with ARKB from Ark and 21Shares. As the price hits an all-time high of $71K, interest in Bitcoin ETFs continues to grow.

Source: www.thecoinrepublic.com ↗

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