In a noteworthy development in the cryptocurrency market, yesterday’s Bitcoin Spot ETF recorded a substantial net inflow of $985 million. This influx of capital highlights the growing interest and participation in Bitcoin investments among investors. Additionally, BlackRock’s BITB also experienced a significant net inflow, amounting to $791 million. These figures reflect a strong appetite for Bitcoin-related investment vehicles, indicating a positive trend in the overall market sentiment towards cryptocurrencies.
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