BEAMSTART Logo

Bitcoin ETF Inflows Shoot $755M On Core CPI Drop, BTC To Hit New ATH?

CoinGape LogoCoinGape13h ago

Bitcoin ETF Inflows Shoot $755M On Core CPI Drop, BTC To Hit New ATH? - CoinGape

Quick Summary:

Spot Bitcoin ETF flows have once again turned net positive after the drop in the core CPI for December, which triggered a rally in global equity and crypto markets.

On Wednesday, net inflows into BTC ETF skyrocketed to $755 million with Fidelity’s FBTC leading the charge with $463 million in inflows.

The S&P 500 closed with a gain of more than 100 points in yesterday’s trading session, fueled by an unexpected drop in core CPI inflation.


More Pictures

Bitcoin ETF Inflows Shoot $755M On Core CPI Drop, BTC To Hit New ATH? - CoinGape (Picture 1)Bitcoin ETF Inflows Shoot $755M On Core CPI Drop, BTC To Hit New ATH? - CoinGape (Picture 2)Bitcoin ETF Inflows Shoot $755M On Core CPI Drop, BTC To Hit New ATH? - CoinGape (Picture 3)

or

Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 05:30:21 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 536 words

Reading Time: 3 minutes read

Sentences: 42 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25187437

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 23 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Bitcoin ETF Inflows Shoot $755M On Core CPI Drop, BTC To Hit New ATH?" has 536 words across 42 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Bitcoin ETF Inflows Shoot $755M On Core CPI Drop, BTC To Hit New ATH?" was covered 13 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 23 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #25187437
  • URL: https://beamstart.com/news/bitcoin-etf-inflows-shoot-755m-17370063206352

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.