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Global Bitcoin ETPs Register Biggest Seven-Day Inflow Since July Coindesk 1 week ago

Global Bitcoin ETPs Register Biggest Seven-Day Inflow Since July 📈

Global Bitcoin ETFs have witnessed a significant increase in inflow, marking their largest seven-day inflow since July. This surge occurred as the funds purchased the equivalent of around 48 days of the mined bitcoin supply within a short span of just four trading days.

The increase in inflow suggests a growing interest and investment in Bitcoin ETFs, emphasizing the cryptocurrency's continued appeal in the market and among investors.

This trend reflects broader confidence in Bitcoin and its market dynamics, showcasing a strong demand that exceeds regular mining output over a condensed period.

Source: www.coindesk.com ↗

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