Bitcoin spot ETFs reached a historically high inflow of $6.2 billion in November, marking a significant milestone. This surge is indicative of heightened institutional interest in Bitcoin investments.
The inflow record was influenced by President-elect Donald Trump’s favorable stance towards cryptocurrencies and a changing regulatory landscape, which has become more supportive of such financial products.
These developments underscore the growing appetite among institutional investors seeking exposure to Bitcoin, signaling a broader acceptance and integration of cryptocurrencies in traditional finance.
Source: www.thecoinrepublic.com ↗