Bitcoin ETFs Hit $6.4B November Inflows Amid Historic BTC Price Rally 🚀
November saw record inflows of $6.46 billion into U.S. spot Bitcoin ETFs, driven largely by #BlackRock ’s iShares Bitcoin Trust ETF, which accounted for 87% of the total. The surge coincided with Bitcoin’s historic 45% price rally, reaching an all-time high above $99,000. Other major ETFs, including Fidelity’s Wise Origin and Grayscale’s Bitcoin Mini Trust, also saw significant investments.
Despite minor outflows from select ETFs, institutional and private investor confidence remains #strong , fueling predictions of continued bullish momentum. The Crypto Fear & Greed Index reflected extreme optimism, hitting a yearly high of 92.
This is bullish!
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