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Tag: Seventh

US Bitcoin ETFs See $300M Boost in Seventh Straight Inflow Surge

US Bitcoin ETFs See $300M Boost in Seventh Straight Inflow Surge

Exploring the Surge in U S Spot bitcoin ETFs: A New Era for Cryptocurrency Investments The landscape of cryptocurrency investment is witnessing a significant shift with the continuous rise in the popularity and acceptance of spot bitcoin exchange-traded funds (ETFs) in the United States A streak of positive momentum is evident as these funds mark their seventh consecutive day of net inflows, amassing a substantial daily addition of $301 million The Leading Players in the Current Surge At the forefront of this investment spree is BlackRock’s IBIT, which, with an impressive inflow of $117 25 million on a single Monday, not only leads in asset accumulation but also in trading volume, reaching $1...

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