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Bitcoin ETF Inflows Surge: Is a New Bull Run on the Horizon? Coinpedia 3 days ago

Bitcoin ETF Inflows Surge: Is a New Bull Run on the Horizon? 📈

Spot Bitcoin ETFs in the United States have recently witnessed a substantial net inflow exceeding $555 million. This influx marks the largest surge since June 5, indicating a renewed interest in Bitcoin among investors.

This increase in ETF inflows suggests a potential revival in market activity, as Bitcoin's price has risen by nearly 3%, reaching a new level of $67,140. Such comparative growth underscores the positive sentiment around Bitcoin's market prospects.

Reported insights from CryptoQuant highlight a significant correlation between net inflows into ETFs and Bitcoin's market trends, further fueling speculations of a forthcoming bull run.

Source: coinpedia.org ↗

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