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November 12, 2024

Bitcoin ETFs Post Record $1.1 Billion Inflow: What Is Going On?

Bitcoin (CRYPTO: BTC) spot ETFs recorded a substantial net inflow of $1.114 billion yesterday, marking an all-time high as the cryptocurrency touched near $90,000 levels on Tuesday morning. What Happened: BlackRock’s Bitcoin ETF (NASDAQ:IBIT) led the charge with a daily turnover of $4.65 billion and a net inflow of $756 million.

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