US Investors Show Strong Interest in Bitcoin, Boosting Spot ETF Trading and Direct Purchases

Quick Summary:

US Investors Show Strong Interest in Bitcoin, Boosting Spot ETF Trading and Direct Purchases US investors are demonstrating strong enthusiasm for Bitcoin (BTC) through both direct purchases and record-breaking investments in spot Bitcoin ETFs.

According to a recent analysis by CryptoQuant’s Burak Kesmeci, the Bitcoin Coinbase Premium Index has entered positive territory following the U.S.

With factors like regulatory optimism, inflation concerns, and the availability of Bitcoin ETFs driving demand, Bitcoin is solidifying its role as a leading investment choice in U.S.portfolios.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: U.S. Investor Interest in Bitcoin Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 13:15:04 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 735 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23554500

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 27 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 16 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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