ETF Inflows Hit $1.42 Billion, Fueling Bitcoin’s Ascent Past $96,000
A substantial $1.42 billion poured into US spot Bitcoin ETFs last week, delivering the best weekly inflow figure since October.
A substantial $1.42 billion poured into US spot Bitcoin ETFs last week, delivering the best weekly inflow figure since October.
The new year’s rally for spot Bitcoin ETFs in the US faced a setback on Tuesday.
An ETF, or exchange-traded fund, is an investment vehicle traded on stock exchanges that holds a collection of assets, such as stocks, bonds, commodities, or cryptocurrencies.
Crypto investment firm Bitwise is the latest to apply for a SUI exchange-traded fund.
Inflows into crypto-linked exchange-traded products totaled US$864 million last week, making it the third consecutive week of positive flows.
The ETF, with the ticker symbol TOXR, started trading, offering investors a fresh conduit to the cryptocurrency market.
Franklin Templeton has debuted its latest cryptocurrency investment vehicle: a Solana ETF.

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