Bitcoin ETFs Surge with Record Inflows Amid $100K Resistance

1 min read
Source: Decrypt
Bitcoin ETFs Surge with Record Inflows Amid $100K Resistance
Photo: Decrypt
TL;DR Summary

Bitcoin ETFs experienced their largest inflow ever, with $3.1 billion invested in a single week as Bitcoin prices approached $100,000. This surge in investment highlights the growing interest in digital assets, with year-to-date inflows reaching a record $37 billion, significantly surpassing the initial performance of U.S. gold ETFs. The approval of Bitcoin ETFs by the U.S. SEC has facilitated easier access for American investors, contributing to the record-breaking inflows.

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