🇺🇸 JUST IN: Investors have poured $2 billion into US spot Bitcoin ETFs over the past two weeks.

In recent weeks, investors have injected a substantial $2 billion into U.S. spot Bitcoin ETFs. This surge in investment is part of a broader trend that has seen significant inflows since the approval of these ETFs by the SEC earlier this year. Notably, on their first day of trading alone, spot Bitcoin ETFs attracted $4.7 billion.

Over a more extended period, the total investment has reached approximately $10 billion.

These ETFs have quickly gained traction, with BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund being particularly successful. The iShares ETF, for instance, has rapidly accumulated assets and is noted for having the lowest fees among its competitors, which has likely contributed to its popularity.

This influx into Bitcoin ETFs has coincided with a significant rise in Bitcoin's price, further driving investor interest. However, it is important for potential investors to consider the inherent volatility of Bitcoin as an asset.

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