"Bitcoin ETF Inflows Drive Crypto Market Rally and Surge"
TL;DR Summary
The cryptocurrency market has seen a rally, with Bitcoin approaching a trillion-dollar market cap and Ether trading at $2,500. Eight of the top 10 tokens have posted gains, with Bitcoin and Ethereum up 10.7% and 9% respectively. Spot Bitcoin ETFs attracted $400 million in daily inflows, driving short-term gains, with demand for Bitcoin from ETF providers reaching 9,000 BTC. Fidelity's FBTC has surpassed $3 billion in AUM, while Grayscale's GBTC saw a $101 million outflow streak.
- Markets - Crypto Markets Rally After Bitcoin ETFs See $400M Of Daily Inflows The Defiant - DeFi News
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