Crypto Gaming Boosts Bitcoin ETFs: $384M Record Inflow
The Excitement Around bitcoin ETFs: A New Dawn of Investment The recent whirlwind in the financial market is something to behold, especially with bitcoin ETFs experiencing an unprecedented surge Between the 15th and 19th of July, 2024, an astonishing $18 billion flooded into bitcoin ETFs, setting the stage for what can be best described as a peak period of investor enthusiasm Spot bitcoin ETFs soared to new heights, tapping into a fresh zenith of market optimism On the 16th of July alone, the market witnessed a staggering $424 million inflow, marking the largest single-day gain of the year Leading this remarkable influx were two industry behemoths: BlackRock’s iShares bitcoin Trust (IBIT) and Fidelity’s Wise Origin bitcoin Fund (FBTC), drawing in $141 million and $116...
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