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CryptoGlobe 2024-10-30 13:32:00

Spot Bitcoin ETFs’ Inflows Top $23 Billion As BTC’s Price Nears All-Time High

The spot Bitcoin exchange-traded funds (ETFs) launched earlier this year after securing approval from the U.S. Securities and Exchange Commission have surpassed $23 billion in total inflows, with these funds seeing their third-highest daily inflows after BTC’s price topped $72,000. According to a recent Bloomberg report these funds, which include BlackRock’s iShares Bitcoin Trust (IBIT)

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