The post Bitcoin ETF Sees Record $3.376 Billion Net Inflows Amid Surge in Trading Volume appeared on BitcoinEthereumNews.com.

According to recent data from COINOTAG News on November 23rd, the net inflows for Bitcoin ETFs reached a substantial $3.376 billion this week, indicating robust investor interest as the total trading volume soared to $28 billion. Notably, BlackRock’s BIT ETF led in market enthusiasm with an impressive net inflow of $2.054 billion, reflecting its growing dominance in the sector. Meanwhile, Fidelity recorded a significant inflow of $0.773 billion, showcasing its appeal among institutional investors. The ARK Innovation ETF also contributed to this upward trend with a net inflow of $0.301 billion. These figures underscore a continued trend of increasing capital allocation into Bitcoin-based financial vehicles, reinforcing their presence in the marketplace as investors actively diversify their portfolios amid market volatility. Source: https://en.coinotag.com/breakingnews/bitcoin-etf-sees-record-3-376-billion-net-inflows-amid-surge-in-trading-volume/

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Filed under: News - @ November 23, 2024 4:18 am