U.S. Spot Bitcoin ETFs Saw $2.22B Worth of Total Net Inflows Last Week

Quick Summary:

Spot Bitcoin ETFs Saw $2.22B Worth of Total Net Inflows Last Week In a remarkable display of investor confidence, U.S.spot Bitcoin Exchange-Traded Funds (ETFs) experienced a combined net inflow of $2.22 billion last week.

The substantial inflows into Bitcoin ETFs enhance liquidity in the cryptocurrency market.

The performance of Bitcoin ETFs will continue to be influenced by broader market dynamics, including Bitcoin’s price movements, macroeconomic factors, and investor sentiment.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: ETF Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 04:58:32 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 817 words

Reading Time: 5 minutes read

Sentences: 44 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 23388972

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 31 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #121

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