🚨 Bitcoin ETFs Surge to New Heights as BTC Hits $97K! 🚨
🎉 Bitcoin just hit a new all-time high of $97,836—a huge milestone as spot Bitcoin ETFs in the U.S. recorded $773.47 million in inflows on Nov. 20! This marks the third consecutive day of inflows, and many are wondering—is $100K next?
🔥 Biggest Movers:
🔹 BlackRock’s IBIT ETF led the charge, pulling in $626.52 million in a single day! It’s now crossed the $30 billion mark in cumulative net inflows. 💰
🔹 Other players like Fidelity’s FBTC and ARK’s ARKB saw substantial contributions as well. Total trading volume for Bitcoin ETFs reached $5.71 billion on Nov. 20!
🚀 What’s Driving This?
🔹 Bitcoin’s value has more than doubled this year, and with Trump's pro-crypto policies on the horizon, many are optimistic about the future of digital assets.
🔹 Since the election, U.S.-listed Bitcoin ETFs have brought in over $4 billion. The new Bitcoin ETF options (such as BlackRock's IBIT) are also attracting major attention, with bullish bets increasing.
💬 What do you think?
🔹 Is Bitcoin about to hit $100K? 🚀
🔹 Will other altcoins like Ethereum catch up soon?
🔎 Ethereum ETFs Struggling
While Bitcoin is on the rise, Ethereum ETFs are seeing outflows, with $30.29 million exiting on Nov. 20. Fidelity’s FETH saw the biggest outflow, losing $30.75 million, while Grayscale’s ETHE shed $16.29 million. But, BlackRock’s ETHA ETF bucked the trend with a $16.74 million inflow.
Let’s hear your thoughts on the market—drop a comment below! 👇
#BitcoinETF #EthereumETF #BitcoinTo100K #EyesOnBTC #AltcoinNextMove $BTC $ETH