BREAKING: US Bitcoin ETFs Experience Significant Inflows
- Net Inflow: US Bitcoin ETFs saw a $252 million net inflow on Friday, the highest in over a month.
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- Inflows Trend: The largest cryptocurrency funds have now attracted inflows for seven consecutive days.
- Fed Impact: This surge follows Fed Chair Powell's indication of the first rate cut in 4.5 years.
- Bitcoin Performance: Bitcoin prices have risen approximately 29% over the last three weeks, currently trading around $64,000.
- Market Sentiment: Crypto markets are responding positively to the rate cut news.