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Bitcoin ETFs Surpass 5% Market Cap as BlackRock’s Inflows Rise and Related Stocks Rally Coinotag 30 Oct 2024

Bitcoin ETFs Surpass 5% Market Cap as BlackRock’s Inflows Rise and Related Stocks Rally 📈

The rapid rise of spot Bitcoin ETFs has marked a significant milestone in the crypto industry, capturing a remarkable $72.55 billion in net assets.

This growth is driven by substantial inflows from BlackRock and a rally in related stocks, emphasizing the increasing acceptance of Bitcoin in the mainstream financial landscape.

The achievement reflects a growing appetite for regulated Bitcoin investment vehicles, aligning institutional interests with the cryptocurrency market.

Source: en.coinotag.com ↗

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