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Bitcoin ETFs Reel in $103M in a Day, Pushing Cumulative Inflows to $30.38B Bitcoin.com 28 Nov 2024

Bitcoin ETFs Reel in $103M in a Day, Pushing Cumulative Inflows to $30.38B 📈

The 12 spot Bitcoin exchange-traded funds (ETFs) experienced a remarkable day on Wednesday, aligning with Bitcoin's recent price rise. These funds recorded a substantial net inflow of $103.09 million.

Overall, since January 11, the cumulative inflows for these ETFs have reached an impressive $30.38 billion. This reflects a robust demand from investors seeking exposure to Bitcoin through traditional financial products.

Ethereum ETFs, alongside Bitcoin ETFs, also contributed to the combined inflows, reinforcing the growing interest in cryptocurrencies within institutional circles.

Source: news.bitcoin.com ↗

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