CoinVoice has learned that Matrixport released a chart today stating that the monthly inflow of funds into Bitcoin spot ETFs has surged to $6.5 billion, setting a new historical high, far exceeding any previous month’s record.
As the price of Bitcoin continues to rise, it has attracted more investors to enter the market. Especially on Wall Street, Bitcoin's price keeps setting new highs, and investors in Bitcoin ETFs are now fully profiting. With the $100,000 mark within reach, market enthusiasm continues to climb.
The risk managers who previously approved the increase in Bitcoin ETF investment limits are clearly quite satisfied with the market performance this time, and they have all reaped returns. This decision also lays a solid foundation for portfolio managers to further increase their Bitcoin allocation in early 2025. [Original link]