On November 6, Bitcoin spot ETF inflows soared to $622 million, setting a new record for daily turnover at $6.07 billion. This surge in inflows highlights growing investor interest and activity within the cryptocurrency market.
Leading the charge in this growth are financial giants BlackRock and Fidelity, who have been at the forefront of the increasing ETF investment landscape. Their involvement underscores the growing credibility and acceptance of cryptocurrency assets by traditional financial institutions.
In addition to Bitcoin, Ethereum ETFs have also witnessed substantial inflows, reflecting a broader interest in diverse cryptocurrency investment opportunities beyond Bitcoin. This trend may indicate a maturation of the market as investors seek to diversify their portfolios with different crypto assets.
