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Spot Bitcoin ETFs See Strong Demand; Crypto Market Tops $4 Trillion As Gen-A Shuns Gold
Spot Bitcoin exchange-traded funds (ETFs) saw strong demand this week, recording more than $1.7 billion in inflows before the trading week closes on Friday. SoSoValue data showed that the ETFs had a strong week, with Wednesday having nearly $800 million in inflows. As of Thursday, the ETF tracker showed that spot Bitcoin ETFs already had $1.7 billion in net inflows this week. As Ezra Reguerra reports via CoinTelegraph.com, the strong performance marks the ETFs’ biggest weekly total in nearly two months, highlighting renewed confidence in the asset class. The strong ETF inflows came as Bitcoin climbed back to ... (full story)
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