In recent days, Bitcoin Exchange-Traded Funds (ETFs) have experienced significant outflows totaling approximately $243 million. This trend comes on the heels of escalating geopolitical tensions, particularly due to missile strikes in the Middle East, which have instigated a drop of nearly $4,000 in Bitcoin prices. Understanding the implications of these movements is crucial for investors […]
US Bitcoin ETFs Gain Momentum as Prices Rise
On Friday, the landscape of US Bitcoin Exchange-Traded Funds (ETFs) experienced a notable shift, mirroring a significant surge in Bitcoin prices, which eclipsed $60,000. This remarkable increase in cryptocurrency values has reignited investor interest, leading to substantial inflows into Bitcoin ETFs. In total, US spot Bitcoin ETFs amassed an impressive $263 million in net inflows, […]