Bitcoin Exchange-Traded Funds See Weekly Inflows of $2.68 Billion Amid Price Movement
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This week saw a significant increase in investor interest in Bitcoin exchange-traded funds, with a total net inflow of $2.68 billion.
This indicates that an increasing number of institutional and retail investors are looking to invest in Bitcoin.
This aligns with the rise in inflows to Bitcoin ETFs, thanks to positive market sentiment resulting from the stability of Bitcoin's price. Perhaps this increase has bolstered investor confidence in these funds.
Large daily inflows from BlackRock.