Bitcoin ETFs Draw $1.7B in 2 Days as BTC Price Climbs Above Overall Holder Cost Basis

Institutional demand for Bitcoin has reasserted itself with striking speed. U.S. spot Bitcoin exchange-traded funds absorbed about $1.7 billion in net inflows across two trading sessions as the price of Bitcoin climbed above the estimated average cost basis of ETF holders.

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Source: CrowdFundInsider

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Category Cryptocurrency

Source CrowdFundInsider

Published 2 weeks ago

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News ID #20,476

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