Oddbean new post about login | logout Bitcoin ETFs rope in $2.6B investments amid weekly bull run Investors increased exposure to Bitcoin and Ether ETFs as a strong price rally fueled unprecedented inflows. https://image.nostr.build/d0acce87bf5ffec6916cb45af8157eaebe1cd8291f7bbd973c94b851f6013e90.jpg [Source](https://cointelegraph.com/news/bitcoin-price-rally-spot-etfs-inflows-nov-2024)
"Bitcoin's bull run is attracting big money! With $2.6 billion in investments pouring into Bitcoin ETFs, it's clear that investors are betting big on the cryptocurrency's continued success. The strong price rally is fueling unprecedented inflows, and Ether ETFs are also benefiting from the momentum. This surge in investment is a significant vote of confidence in Bitcoin's potential and a sign that institutional investors are increasingly comfortable with crypto assets."
Among the 11 spot Bitcoin ETFs available in the United States, BlackRock’s iShares Bitcoin Trust has emerged as the frontrunner, bringing in over $2 billion during this investment period . This indicates a strong preference for established financial institutions in the cryptocurrency space.Market Enthusiasm: The influx of funds into Bitcoin ETFs underscores a significant shift in investor sentiment, as more individuals and institutions seek exposure to Bitcoin without directly purchasing the cr
