Bitcoin ETFs Surge with $1.4B Inflows, Prices Soar

1 min read
Source: CoinDesk
Bitcoin ETFs Surge with $1.4B Inflows, Prices Soar
Photo: CoinDesk
TL;DR Summary

U.S.-listed Bitcoin ETFs saw a significant inflow of $422.5 million on Tuesday, marking a six-week high and contributing to over $1 billion in inflows over the past three days. This surge in demand coincides with a 23% recovery in Bitcoin's price since early July, driven by reduced selling pressure and political developments favoring cryptocurrency.

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