Bitcoin ($BTC) ETF inflows have surged, signaling a major uptick in interest!
On October 31, 2024, Bitcoin ETFs experienced a remarkable daily inflow of $319.70 million, surpassing outflows of $289.44 million, resulting in a positive net flow of $30.26 million. This notable increase reflects growing confidence in Bitcoin ETFs.
Key Highlights:
Daily Inflow: $319.70 million
Daily Outflow: $289.44 million
Net Flow: +$30.26 million
This surge suggests a bullish sentiment among investors as they flock to Bitcoin ETFs. Increased participation from traders and institutions could drive BTC's price momentum upward.
Stay tuned to how these ETF movements impact the broader market dynamics. Keeping an eye on these trends can help you make informed trading decisions!