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Monday BTC-Spot ETF Flows and $50,000
On Sunday, BTC increased by 1.05%. Following a 1.19% gain on Saturday, BTC ended the Sunday session at $48,165. Significantly, BTC extended the winning streak to seven sessions. Investor sentiment toward the BTC-spot ETF market continued to propel BTC toward $50,000. Last week, the BTC-spot ETFs achieved impressive milestones. The numbers raised the influence of BTC-spot-ETFs on BTC and the broader crypto market. The BTC-spot ETF market experienced the largest weekly net inflows since launching on January 11. Net inflows totaled $1,194.4 million in the week ending February 9. iShares Bitcoin Trust (IBIT) saw total ... (full story)
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- Posted: Feb 11, 2024 11:31pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 387
