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5 Comments
tldr; Bitcoin ETFs have maintained a bullish trend with nine consecutive days of positive inflows, despite a broader market downturn. On December 10, BlackRock’s IBIT led with $295.63 million in inflows, contributing to a total of $439.56 million for the day. This comes amid market liquidations exceeding $2.5 billion over three days. The ETFs’ net assets have surpassed $107.76 billion, representing 5.65% of Bitcoin’s market cap. Despite market challenges, Bitcoin ETFs continue to attract significant investor interest, with December inflows nearing $4 billion.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
No one wanted to buy at 70k
Now fomoing at 90k
More inflows are expected in 2025
Can anyone explain the desire for Eth by institutions given the asset is not “hard” like BTC
Gonna wait and see the articles they releasing when the bull run is over 🤣🤣