Orhan 
The rise in Bitcoin (BTC) prices has positively impacted spot crypto ETFs. As Bitcoin (BTC) surpassed the $68,000 level, ETF inflows accelerated. Details in our report.
Spot Bitcoin ETFs See Continued Inflows
The upward movement in Bitcoin, which initially started with U.S. interest rate cuts and then paused due to the war between Iran and Israel, has continued as U.S. presidential candidate Donald Trump leads in election forecasts. Yesterday, Bitcoin managed to surpass the $68,000 level for the first time since July 29, bringing smiles to investors.
This positive movement in Bitcoin has also benefited spot Bitcoin ETFs. Over the past four days, net inflows into ETFs reached $1.637 billion. Yesterday alone, spot Bitcoin ETFs saw a net inflow of $458 million.
The fund that received the most inflows yesterday was BlackRock, with $393 million. Fidelity followed in second place with $14.8 million, and Bitwise was third with $12.9 million. Franklin Templeton ($11.7 million) and Invesco ($6.4 million) also saw their highest investments in recent times.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.