Bitcoin ETFs Flooded with Record $1.9B Amid BTC Price Rally
BTC exchange-traded funds (ETFs) in the US have seen their largest weekly inflow of $1.92 billion in ten months, according to data from Bloomberg.
This surge comes as Bitcoin gained around 23% last week, its biggest increase in over three years, with prices reaching approximately $77,000 on Monday in Singapore.
The 13 US-listed funds attracted new investment during this period of growth for the original cryptocurrency.