Bitcoin ETFs Drive Record Inflows Amid Market Fluctuations

1 min read
Source: AMBCrypto News
Bitcoin ETFs Drive Record Inflows Amid Market Fluctuations
Photo: AMBCrypto News
TL;DR Summary

The cryptocurrency market has experienced a record-breaking $3.13 billion weekly inflow, largely driven by U.S. spot Bitcoin ETFs, reflecting increased investor confidence and the impact of Donald Trump's presidential election victory. This surge marks the seventh consecutive week of positive inflows, with Bitcoin leading the charge, while altcoins like Solana, XRP, and Litecoin also saw significant institutional interest. BlackRock's IBIT dominated the market, contributing significantly to the inflows, highlighting the evolving dynamics and growing appeal of digital assets.

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