US Bitcoin ETFs post 2nd-highest inflows since launch on crypto rally 📈
US spot Bitcoin ETFs experienced significant inflows amounting to $1.18 billion on Monday. This marks their second-highest inflow day since early November 2024. The surge in inflows is attributed to a broader cryptocurrency rally in the markets, reflecting renewed investor interest in Bitcoin-backed investment vehicles.
Such substantial movements indicate the growing prominence and acceptance of Bitcoin ETFs among institutional and retail investors, as they seek exposure to the cryptocurrency market in a regulated manner.
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