Bitcoin ETFs Experience Notable Surge

Bitcoin ETFs saw an impressive increase, with total inflows reaching $31 million. This rise was primarily driven by BlackRock’s Bitcoin ETF, known as IBIT, which saw a substantial influx of $70.7 million. This notable gain helped offset the declines seen in other Bitcoin-related funds, particularly Grayscale’s GBTC, which experienced outflows of $39.6 million.&middot

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