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Bitcoin ETFs See Record Monthly Inflows of $6.2B as BTC Price Nears $100K Cryptonews 4 days ago

Bitcoin ETFs See Record Monthly Inflows of $6.2B as BTC Price Nears $100K 💰

The month of November has seen a significant surge in Bitcoin ETFs, with inflows reaching a record $6.2 billion. This marks a notable period for cryptocurrency investments as Bitcoin's price approaches the milestone of $100,000.

Among the ETFs, BlackRock's iShares Bitcoin Trust (IBIT) stands out, having attracted a major portion of these inflows, amounting to $5.4 billion in November alone. This indicates a strong investor confidence in the Bitcoin market and the popularity of BlackRock-managed assets.

Source: cryptonews.com ↗