The US Bitcoin spot ETF witnessed a substantial increase in investments this week, with a net inflow reaching $2.22 billion. This surge was mainly led by renowned investment firms BlackRock and Fidelity, showcasing a growing institutional interest in Bitcoin.
Data reported on November 3 by COINOTAG, sourced from Farside Investors, highlights this influx of capital into Bitcoin-related financial products. The increase underscores the confidence in Bitcoin's potential and the evolving dynamics in cryptocurrency investment strategies amid varying market conditions.
